ERA response to David Cameron's call for an enquiry into the UK energy sector

8th January 2007

“The energy industry is surprised to hear about this as we met with senior figures from the Conservative just a few weeks ago and they raised no such concerns. We have contacted the Conservative Party this morning to arrange a meeting with them so that we can explain the facts.

Britain has the most competitive energy retail market in the world. Customers have a choice of electricity and gas suppliers and they are exercising this choice every day – 150,000 people switch energy supplier every week. British consumers still enjoy the lowest gas prices out of the 15 countries of the European Union despite the huge increase in wholesale prices over the last three years. 

We will respond in more detail once we know the nature of the concerns. At the moment, our information is coming from the media rather than the Conservative Party.”