The cost of energy

Energy Security and Net Zero Committee Open Inquiry
Opened: 18 Feb 2025 Parliament page
In October last year the Committee published its i nterim report on the high costs of energy in the UK making recommendations on how costs fall on consumers in the retail side of the sector. In the second part of this inquiry, the Committee is looking at where costs arise … Read more
9 Recommendations
26 Conclusions
1 Report
8 Oral sessions
8 Events
Activity timeline 19 events
17 Mar
2026
Oral evidence
17 Mar
2026
Formal meeting (oral evidence session) · The Grimond Room, Portcullis House
4 Mar
2026
Oral evidence
4 Mar
2026
Formal meeting (oral evidence session) · The Wilson Room, Portcullis House
21 Jan
2026
Oral evidence
21 Jan
2026
Formal meeting (oral evidence session) · The Thatcher Room, Portcullis House
10 Dec
2025
Oral evidence
10 Dec
2025
Formal meeting (oral evidence session) · The Thatcher Room, Portcullis House
15 Oct
2025
Oral evidence
Oral evidence sessions 8 sessions
Oral evidence
Jonathan Mills CB · Department for Energy Security and Net Zero Michael Shanks MP · Department for Energy Security and Net Zero
Oral evidence
Akshay Kaul · Ofgem Claire Dykta · National Grid Electricity System Operator (ESO) Fintan Slye · National Energy System Operator (NESO) Jonathan Brearley · Department for Energy Security and Net Zero Jonathan Brearley · Ofgem
Oral evidence
Dr Alastair Martin · Flexitricity Dr Waqquas Bukhsh · University of Strathclyde Katrina Young · Energy Systems Catapult Lawrence Slade · Energy Networks Association (ENA) Professor Jacopo Torriti · University of Reading Sarah Honan · The Association for Decentralised Energy
Oral evidence
Adam Bell · Stonehaven Ana Musat · RenewableUK Professor Michael Grubb · UCL Susie Elks · E3G Tom Edwards · Cornwall Insight Tom Glover · RWE
Oral evidence
Andrew Ward · Scottish Power Customer Business Chris Norbury · E.ON UK Chris O'Shea · Centrica David Buttress · OVO Energy Rachel Fletcher · Octopus Energy Simone Rossi · EDF
Oral evidence
Arjan Geveke · Energy Intensive Users Group Beth Barker · Aldersgate Group David Mitchell · Chemical Industries Association David Wigham · Admiral Taverns; and representing British Beer and Pub Association Paul Wilson · Federation of Small Business Verity Davidge · Make UK
Oral evidence
Alex Belsham-Harris · Citizens Advice Beth Martin · Ofgem Dr Raj Roy · Centrica Ed Dodman · Ombudsman Services Jonathan Brearley · Ofgem Jonathan Lenton · Energy Ombudsman Katie Watts · MoneySavingExpert
Oral evidence
Angus McCarey · Uswitch Caroline Abrahams · Age UK Dhara Vyas · Energy UK Maria Booker · Fair By Design Matt Copeland · National Energy Action Merlin Hyman · Regen
Recommendations & Conclusions
2 results
10 Conclusion Rejected
5th Report - Tackling the energy c…
Cold Weather Payment criteria are too high and payments inadequate for vulnerable households.
The criteria for triggering the Cold Weather Payment is set too high and does not reflect the impact that extreme cold can have on vulnerable households. Inadequate and unpredictable payments, sometimes made weeks after a period of cold weather, do … Read more
Government Response
The government states it keeps policies under review but defends the current Cold Weather Payment criteria, explaining that the seven consecutive day period for below-freezing temperatures is considered a clear and reasonable measure of sustained cold.
Department for Energy Security and Net Zero
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34 Recommendation Rejected
5th Report - Tackling the energy c…
Introduce caps on business energy out-of-contract rates, deposits, and a 14-day cooling-off period.
We recommend that Ofgem introduce a cap on out-of-contract rates and deposits that can be charged by suppliers to agree or renew business energy contracts. It should also introduce a mandatory 14-day cooling off period following a business energy bill … Read more
Government Response
The government supports Ofgem exploring options for caps on out-of-contract rates and deposits. However, it effectively rejects the mandatory 14-day cooling-off period, citing its complexity and potential for increased costs, suggesting dispute resolution as the appropriate alternative.
Department for Energy Security and Net Zero
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Government Response AI assessment · 35 of 9 classified

Total 9 recs + 26 conclusions