UK Parliament / Open data

Consumers, Estate Agents and Redress Bill [Lords]

I shall be slightly less helpful to the right hon. Gentleman this time. It is important to record that many of us feel that Ofgem does a very good job in regulating the energy sector. It understands the problems of energy companies that bought forward in the market and therefore cannot reduce prices as wholesale prices fall. I am totally confident that Ofgem has a firm grip of the situation and as those wholesale prices fall, it will ensure that prices to consumers also come down, as they are now doing.

About this proceeding contribution

Reference

458 c605 

Session

2006-07

Chamber / Committee

House of Commons chamber
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