The Energy and Climate Change Committee backed the UK government’s draft legislation on energy but urged the government and Ofgem to keep decision-making processes transparent. In a report published on Wednesday, the House of Commons select committee, ECCC, said the draft energy legislation has the potential to support the government in its goal of increasing market competition and cutting consumer costs. However, the ECCC said it “should be amended to ensure that Ofgem and government are transparent about the costs and benefits of the decisions that they make using their powers under the legislation, and that industry is able, where appropriate, to challenge them.” In January, the government said it plans to provide Ofgem with powers to support consumers in undertaking next-day switching between energy suppliers and to enable suppliers to use customers’ half-hourly consumption data in the electricity settlement process. “We agree with the proposals to give Ofgem […]