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Energy UK comments on Ofgem's new enforcement powers

Commenting on today's announcement on new powers for Ofgem to tackle energy market abuse, Angela Knight CBE, Chief Executive of Energy UK, said:

“Energy UK and its members welcome today’s announcement on the enforcement of the EU Regulation on Energy Market Integrity and Transparency (REMIT) in the UK. Although we do not believe that market manipulation is a widespread problem in the UK energy markets, we recognise that, where malpractice is suspected, Ofgem, and other national regulators, must have the powers to investigate, and if abuse is proven, to impose proportionate penalties.

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Energy UK comments on Which's tariff report

Angela Knight CBE, Chief Executive of Energy UK comments on Which's report on Government plans to simplify energy tariffs:

“People want choice, honest and open comparison and fewer and clearer tariffs. Which?’s ideas have already been fully considered by the regulator – Ofgem – and a lot of work is being done on changing tariffs. Which?’s proposal for a single unit tariff sounds simple, but it’s not what it says on the tin! For example high energy users, like working families with children, would end up subsidising low energy users, like second home owners.

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Energy Bill at report stage

Angela Knight CBE, Chief Executive of Energy UK, comments on the Energy Bill being debated by MPs:

 “Creating more jobs, building  newer and greener electricity generation and getting investment in this country’s economy, is what the Energy Bill is for. As Parliament debates it this week, we want to see a measured discussion that gives confidence to the investors that this country needs.

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Energy UK comments on a Written Ministerial Statement on smart metering

Following a Written Ministerial Statement on smart metering, Angela Knight CBE, Chief Executive of Energy UK said:

“We welcome Government’s prudent decision to allow an additional twelve months to complete the smart meter programme. This recognises the scale of the programme and the need to prepare carefully.

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Energy UK comments on House of Lords report

In response to the House of Lords EU Sub Committee’s report No Country is an Energy Island: Security Investment for the EU's Future released today, Angela Knight CBE, Chief Executive of Energy UK said:

“The Committee is right to highlight the challenge of ensuring that energy policy, both here and across the EU, results in a  secure, low carbon and affordable supply of energy.

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Energy UK response to European Commission consultation on state aid

In response to the European Commission’s consultation on Environmental and Energy Aid guidelines, Angela Knight CBE, Chief Executive of Energy UK said:

“As with other countries, the UK needs state aid approval for our new nuclear and renewables programme. The UK Energy Bill is  progressing well through its parliamentary processes, but if we are to be able to implement the contracts for difference that it contains and that are necessary to build new and low carbon plants as well as the capacity mechanism proposals to assist in energy security, then the Commission will need to agree them.

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Energy UK comments on Committee on Climate Change report

Angela Knight CBE, Chief Executive of Energy UK, comments on the Committee on Climate Change report, Reducing the UK's carbon footprint and managing competiveness risks:

"Government policies already account for 9% of a typical household energy bill. As any additional costs are considered, affordability for households and competitiveness for industry must be a priority. 

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Energy UK - It's only fair consumers should know what they're paying for

In response to DECC's report on Estimated impacts of energy and climate change policies on energy prices and bills released today, Angela Knight CBE, Chief Executive of Energy UK said:

"It is only fair that consumers should know what they are paying for when they pay their energy bill. Social and environmental levies, the regulator's decision on how much the maintenance and upgrading of the networks should be, and taxation, amounts now to 34%* of an average household dual fuel bill, according to the report DECC released today.

There are other costs included in the bill too such as the wholesale cost of energy, the company's operating costs and profit. Energy companies have been working hard to make their bills clearer and explain these varying costs to their customers. But an open and honest discussion is needed with consumers on what energy policy means for them. Energy security, investment and job creation are all needed but it will come with a price tag."

* Source: DECC report Estimated impacts of energy and climate change policies on energy prices and bills (page 8, chart 1).

Notes to Editors

Energy UK Media Office 020 7747 2941/2946 or 07983 469 764 (out of hours).

 

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