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Business Committee to question Ofgem and energy sector representatives on energy prices and the energy price cap

2 February 2022

On Tuesday 8 February, the Business Energy and Industrial Strategy (BEIS) Committee will be assessing the operation of the energy price cap and the impact it has on household energy bills.

On Thursday, 3 February Ofgem is expected to announce a rise in the energy price cap, due to take effect from 1 April.

The session will be part of the Committee’s new inquiry into energy pricing and the future of the energy market, launched following unprecedented surges in wholesale energy prices since summer 2021 which have caused a number of energy suppliers to go out of business.

During this session, the cross-party Committee will ask questions about the challenges facing the energy market, how effective the energy price cap is at protecting consumers, and whether regulatory changes may be needed to address problems in the sector.


Tuesday 8 February

At 10.30am

  • Jonathan Brearley, CEO, Ofgem
  • Neil Kenward, Director of Strategy and Decarbonisation, Ofgem

At 11.30am

  • Peter Smith, Director of Policy and Advocacy at National Energy Action
  • Jonathan Marshall, Senior Economist, Resolution Foundation
  • Stephen Fitzpatrick, Founder, OVO Energy
  • Emma Pinchbeck, CEO, Energy UK

Further information

Image: Unsplash/Kwon Junho