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The Minister of State, Department for Energy Security and Net Zero (Lord Hunt of Kings Heath) (Lab)

Speaking in the House of Lords on 26 March 2025

Debate

Energy Prices

Contribution

My Lords, the Government believe that the best way to protect bill payers and to mitigate the energy price spikes that we saw in 2022 is through our mission to deliver clean power by 2030. Under the default tariff price cut, Ofgem has capped the profits of energy suppliers in the retail market. In addition, the Government are reviewing Ofgem’s role to ensure that it is a strong consumer champion.

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