Energy Markets (Carbon Reduction and Warm Homes) Bill

Key Points

• Extends Ofgem's environmental and social duties to align with carbon reduction and fuel poverty goals.
• Tightens regulation of gas and electricity markets to protect consumers and improve market stability.
• Promotes energy efficiency and the deployment of sustainable energy across homes and businesses.
• Expands the powers and duties of local authorities to deliver carbon reduction and fuel poverty targets locally.
• Includes connected provisions to integrate energy market regulation with climate and welfare aims.

Progress

Currently at the second reading in the House of Commons. If it progresses, it will move to committee stage for detailed scrutiny, then back to the Commons for report and third reading before moving to the Lords.