John Nicolson – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by John Nicolson on 2016-02-08.

To ask the Secretary of State for Energy and Climate Change, what steps she is taking to ensure that reductions in the wholesale price of energy are passed on to consumers.

Amber Rudd

Average domestic gas prices fell by £37 during 2015, and all six major suppliers have announced a further reduction in their tariffs in recent months. This is a good start, but the Government expects all suppliers to pass on reductions in the costs of supplying energy to consumers. I have met all the major energy suppliers in recent months to make that point clear.

The Competition and Markets Authority are nearing the end of their enquiry into the energy markets, and I look forward to their conclusions. I am determined to do whatever it takes to ensure markets work well for consumers.