Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the adequacy of the current mechanism for calculating of the energy price cap by Ofgem.

As the expert independent regulator, Ofgem is responsible for operating the price cap. Ofgem remains the sole decision-maker over how it is calculated and has consulted extensively on its methodology for determining the cap level. The Government has confidence in Ofgem, as the expert independent regulator, to set the cap at a level that reflects the underlying efficient costs of supplying energy.