WIREDGOV

The CBI commented on The Department of Energy and Climate Change’s plans to reduce the number of tariffs that energy firms can offer, and ensure that consumers are automatically placed on the cheapest tariff available.

Katja Hall, CBI Chief Policy Director, said:

“The Government is right to focus on the challenges householders and businesses face on energy prices. In the short-term, we need to make sure consumers are on the best deal and encourage improved energy efficiency, but this is no silver bullet.

“To manage energy bills over the longer term we need to maintain a competitive retail market, but also build a reliable, affordable and low-carbon energy mix, and the much awaited Energy Bill could help achieve this.

“Billions of pounds of investment depend on getting this bill through Parliament and onto the statute books, so the Government must stop dragging its feet and publish the bill before the end of month, as promised.”