CBI responds to Huhne speech

Published on Tuesday, 20 September 2011 15:38

Posted by Scott Buckler

The CBI today (Tuesday) commented on a speech by Chris Huhne, Secretary of State for Energy, at the Liberal Democrat Party conference

John Cridland, CBI Director-General, said:

“Competitive energy markets benefit businesses and consumers. Energy customers should be helped to get the best deal and we support easier switching of accounts.

“At a time when world energy prices are rising, energy companies are promoting energy efficiency, and introducing smart meters and low-cost insulation to help consumers reduce bills.

“We must remember that prices also reflect the critical need for energy investment for a low-carbon future, where there are opportunities for new entrants to the market. But we do need ministers to be crystal clear on energy policy if vital business investment is to be secured.”

Source: CBI