United Kingdom · Question · Written question
UIN 16807
Ofgem
Original
Introduced
13 June 2022
Last action
16 June 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
16 June 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help ensure that Ofgem takes steps to ringfence customer credit balances to help prevent the costs of failed suppliers falling on customers
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 June 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help ensure that Ofgem takes steps to ringfence customer credit balances to help prevent the costs of failed suppliers falling on customers
Source: Commons
16 June 2022
Answer
Protecting customer credit balances is a matter for Ofgem and is part of their action plan to develop a package of measures to boost financial resilience in the energy retail market. Ofgem is currently engaging with stakeholders on a range of proposals on...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-06-13/16807
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1469945
- uk · wq-1469945 · source updated 16 June 2022