Review of Ofgem: call for evidence
Call for evidence description
We are undertaking a review of Ofgem, with the aim of revisiting the role of the regulator to ensure that it can support an energy market where innovation and high standards help drive better products and services for consumers, giving them more options to make choices more suitable for their circumstances.
The review will focus on:
- Ofgem’s mandate
- the powers it has to protect consumers
- its scope and remit
- the standards it sets
- how redress is made when standards are not met
This Call for Evidence is a first step of the review:
- read the Review terms of reference
Read our call for evidence privacy notice.
Background
Government wants to see an energy market with healthy sustainable competition that delivers better outcomes for consumers, and a regulator that drives up consumer standards. Restoring the reputation of the energy market is also a vital part of the our mission for the UK to become a clean energy superpower, with people rightfully expecting cleaner, cheaper, more secure energy to be delivered by trustworthy and reliable companies.
Ofgem was established almost a quarter of a century ago as the independent regulator for the gas and electricity markets in Great Britain. At the time, a system of independent regulation was established to drive the move towards competition in gas and electricity supply and replicate the benefits of competition in the monopoly gas and electricity networks. Since then, the remit of the regulator has evolved and expanded over time to encompass broader aims, such as supporting government to meet its net zero targets and in delivering social and environmental schemes.
Documents
Ways to respond
or
Email to:
ofgem_reform@energysecurity.gov.uk
Write to:
Energy Affordability and Consumers
Department for Energy Security and Net Zero
5th Floor
3-8 Whitehall Place
London
SW1A 2AW