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Energy pricing and the future of the Energy Market

Inquiry

The Business, Energy and Industrial Strategy Committee is holding an inquiry on Energy pricing and the future of the Energy Market.

The Committee’s inquiry on the retail energy market follows unprecedented surges in wholesale energy prices since the summer and with a number of firms going out of business, including Bulb, Britain’s seventh-biggest supplier with 1.6 million households as customers.

The inquiry will examine the extent to which the policy and regulatory environment has contributed to the current issues affecting the energy market, the impact on consumers of rising energy prices, and the operation of the energy price cap.

The BEIS Committee’s inquiry follows an evidence session with Rt Hon Kwasi Kwarteng MP, Secretary of State for Business, Energy and Industrial Strategy, on 22 September, on Government measures to support the energy industry and protect consumers. The Committee also heard from regulator, Ofgem: trade body, Energy UK, and fuel poverty charity, National Energy Action.

Read the call for evidence for more information about this inquiry.

This inquiry is no longer accepting evidence

The deadline for submissions was Monday 31 January 2022.

Work news

Government swerves calls against putting Bulb Energy costs on consumers’ bills

The Government has swerved recommendations to improve how it deals with large energy firms after they go bust

13 October 2022

Business, Energy and Industrial Strategy Committee Chair response to government plans to tackle energy crisis

Business, Energy and Industrial Strategy Committee Chair response to government plans to tackle energy crisis

8 September 2022

Government must update energy bills support as crisis outpaces help, say MPs

Government must update energy bills support as crisis outpaces help, say MPs

Kwasi Kwarteng and Ofgem CEO to face questions from BEIS Committee on energy market

Business, Energy and Industrial Strategy Committee examines energy pricing and the future of the Energy Market

Energy pricing and the future of the energy market

Committee to take evidence from representatives from energy suppliers

Ofgem evidence reveals potential £2.4bn fallout from energy firm collapses

Energy providers could receive up to £2.4 billion for taking on the customers of firms that have collapsed since 2021

Martin Lewis and energy providers to be quizzed by Business Committee

Government’s support measures for struggling households scrutinised

Energy price cap & Government support - Darren Jones MP, Business Committee Chair, comment

BEIS Committee Chair comments on the Chancellor’s package of measures

3 February 2022

Business Committee to question Ofgem and energy sector representatives on energy prices and the energy price cap

BEIS Committee assesses the operation of the energy price cap

2 February 2022

Energy pricing and the future of the Energy Market inquiry launched

The Business, Energy and Industrial Strategy Committee launches inquiry on Energy pricing and the future of the Energy Market

8 December 2021

Contact us

Email: commonsbtc@parliament.uk
Phone: 020 7219 8586 (General enquiries) | 020 7219 6970 (media enquiries)
Address: Business and Trade Committee, House of Commons, London, SW1A 0AA