Fixed-term Energy Contracts Hospitality Industry 2023-05-23
2023-05-23
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
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Context
The Royal Oak in Isleworth is a family-run pub facing high fixed-term energy contract rates, leading to financial strain. The Minister previously mentioned meetings with energy suppliers.
What discussions has the Minister had with Ofgem regarding the potential impact of fixed-term energy contracts on hospitality businesses? What further actions are being taken to prevent more pubs and small businesses from closing due to high energy costs?
The Government have been helpful to all businesses, particularly the hospitality sector. I am sympathetic towards these businesses but emphasize it is a commercial matter. I have met stakeholders and suppliers, and today I wrote again to them emphasizing they must be mindful of fixed-term contracts.
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Assessment & feedback
Specific measures to prevent more pubs or small businesses from going under due to high energy costs were not detailed.
Sympathetic But Commercial Matter
Response accuracy
Q2
Partial Answer
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Context
The Royal Oak pub in Isleworth faced high fixed-term contracts leading to financial strain. The Minister had previously mentioned meeting energy suppliers.
What further actions is the Government taking to support pubs and small businesses facing high energy bills under fixed-term contracts? What more can be done beyond commercial meetings?
The Government have been very supportive towards all businesses, especially in hospitality. I am sympathetic but reiterate it is a commercial issue. I met stakeholders and suppliers and wrote today emphasizing the need for mindfulness regarding fixed-term contracts.
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Assessment & feedback
Specific measures beyond commercial meetings were not detailed.
Sympathetic But Commercial Matter
Response accuracy
Q3
Direct Answer
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Context
The laundry sector, crucial to hospitality businesses, is experiencing significant financial strain due to high fixed-term energy contracts.
Will the Minister arrange a meeting with the energy efficiency unit and the laundry sector to explore ways of reducing energy demand and securing better deals from suppliers?
I am delighted to organize meetings with the energy efficiency unit and the laundry sector to explore ways of reducing energy demand and securing better deals from suppliers.
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Assessment & feedback
Response accuracy