Source · Select Committees · Business and Trade Committee
Recommendation 10
10
Paragraph: 57
We further call on the Government to review whether regulators such as Ofgem should be...
Conclusion
We further call on the Government to review whether regulators such as Ofgem should be given new powers to bring enforcement action for unfit conduct by energy company directors given the very limited scope for The Insolvency Service to do so. We consider this to be particularly important for energy supply companies given the handling of customer monies and the importance of security of supply.
Paragraph Reference:
57
Government Response
Acknowledged
HM Government
Acknowledged
replaced with a volumetric alternative based on usage. small reductions in bills for some low-income consumers, but would increase charges for customers with high consumption, many of whom are vulnerable. On this basis consuming customers with greater energy needs, for example consumers with disabilities and consumers with electric heating in areas off the gas grid. Recovery of Supplier of Last Resort costs through general taxation would be a matter for Government.