Committee to question energy suppliers on price rises and net zero
The Industry and Regulators Committee will hear evidence from UK energy suppliers about the current energy price issues, the future of the energy system and the role of Ofgem, the energy regulator. The Committee will discuss the potential impications of current energy prices on retail energy regulation, how the relationship between energy companies and consumers might change as part of the net zero transition, and whether the Government has provided enough clarity for energy companies to invest in efforts towards net zero.
Possible questions include:
- Is there a clear policy framework in place to support the objective of a net zero energy system?
- Why have so many retail energy suppliers been so badly hit by the current energy crisis, and what might this mean for the future of retail energy regulation?
- How will the consumer experience change as part of the net zero transition?
- Who should fund the costs of the transition to net zero?