The Department and Ofgem are also in the process of introducing reforms to the energy retail market, in part to increase resilience and enable innovation. This reform comes at a time when new and innovative technologies are being developed, including those that contribute to or encourage consumer behaviour change in line with net zero.52 The Department highlighted that some innovative energy suppliers were able to offer tariffs, to consumers with smart meters, that could save up to two-thirds...
The Department and Ofgem are also in the process of introducing reforms to the energy retail market, in part to increase resilience and enable innovation. This reform comes at a time when new and innovative technologies are being developed, including those that contribute to or encourage consumer behaviour change in line with net zero.52 The Department highlighted that some innovative energy suppliers were able to offer tariffs, to consumers with smart meters, that could save up to two-thirds of the costs of charging their electric vehicles if they do so at certain times of day when the energy price is cheaper.53 Ofgem also told us about how, Type: conclusion | Number: 16 | Response status: accepted Government response: 1.1 The government agrees with the Committee’s recommendation. Recommendation implemented 1.2 The Department for Energy Security and Net Zero (DESNZ or the department) has set Smart Energy GB clear statutory objectives to build consumer demand and acceptance for smart