Energy: Competition

Energy and Climate Change written question – answered on 8th May 2014.

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Photo of Caroline Flint Caroline Flint Shadow Secretary of State for Energy and Climate Change

To ask the Secretary of State for Energy and Climate Change, pursuant to the oral answer of 3 April 2014, Official Report, column 982, on energy markets: competition, what measures his Department has introduced to deregulate the energy market since 2010.

Photo of Michael Fallon Michael Fallon The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change, Minister of State for Portsmouth

DECC keeps all its regulations under review to ensure that they are necessary, proportionate, and have the lowest possible cost on business, while protecting environmental and consumer needs. The Department reviewed all its regulations in the Red Tape Challenge Energy and Environment themes and identified 125 to be scrapped or improved by the end of this Parliament.

In addition, the Department has reduced the regulatory burden for small domestic suppliers by raising the customer number threshold at which suppliers must comply with certain Government schemes from 50,000 customers set by the previous Government to 250,000. Since raising the threshold 11 new companies have entered the market.

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