Smart Meters - Question

Part of the debate – in the House of Lords at 2:53 pm on 8th July 2019.

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Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy) 2:53 pm, 8th July 2019

I hope that the market will be able to adapt to that and deal with it as it ought to; that is what markets are about. I know that noble Lords opposite do not like markets, but, in the main, they work rather well and provide opportunities for consumers to move to cheaper prices. That is why the number of energy suppliers has gone up dramatically, with more than 60 now operating in the country.