Source · Select Committees · Business, Innovation, Science and Trade Committee

Recommendation 11

11 Paragraph: 62

We expect Ofgem, as the independent regulator, to clearly outline to Ministers and Parliament the...

Conclusion
We expect Ofgem, as the independent regulator, to clearly outline to Ministers and Parliament the risks and consequences associated with the delivery of Government objectives. We do not believe that Ofgem properly raised the risks to Government, or Parliament, that a deregulatory approach to promoting competition could severely undermine the financial resilience of the energy supplier market.
Paragraph Reference: 62
Government Response

A response document is linked to this report, dated 13 October 2022. Response attribution to this conclusion has not been verified. Read the response document ↗