The Department is also currently considering fundamental market reform of how electricity is bought and sold, through which it hopes to reduce costs of electricity to consumers over the long term. The Department expects reform of the retail market to result in more scope for suppliers to offer flexible tariffs, for their customers to benefit from cheaper electricity when demand is lower.60 Reducing electricity demand through energy efficiency and consumer behaviour

The Department is also currently considering fundamental market reform of how electricity is bought and sold, through which it hopes to reduce costs of electricity to consumers over the long term. The Department expects reform of the retail market to result in more scope for suppliers to offer flexible tariffs, for their customers to benefit from cheaper electricity when demand is lower.60 Reducing electricity demand through energy efficiency and consumer behaviour Type: conclusion | Number: 19 | Response status: not_accepted Government response: 5.1 The government disagrees with the Committee’s recommendation. 5.2 The department is focused on consumer security by bringing bills down, keeping them affordable. The government took steps to shield consumers and companies from the worst effects of the rise in global energy prices, paying around