Energy: Prices

(asked on 31st January 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has any plans to help mitigate the disproportionate effect of high energy prices on all electric homes.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 4th February 2022

The Government is monitoring the significant increases in wholesale energy prices closely, and meeting regularly with Ofgem, suppliers and consumer groups to understand the future impact on consumers as well as to discuss potential mitigations.

The Government is committed to protecting energy customers, especially the most vulnerable. The Government has announced a package of support to help households with rising energy bills, worth £9.1 billion in 2022-23. This includes a £200 discount on their energy bill this Autumn for domestic electricity customers in Great Britain. This will be paid back automatically over the next 5 years. There will be a £150 non-repayable rebate in Council Tax bills for all households in Bands A-D in England. Additionally, the Government announced £144 million of discretionary funding for Local Authorities to support households who need support but are not eligible for the Council Tax rebate.

The Energy Price Cap will continue to protect consumers, ensuring they pay a fair price for their energy this winter. Low income and fuel poor households will continue to be supported with their energy bills through the Warm Home Discount, which provides eligible households with a £140 discount. Winter Fuel Payments and Cold Weather Payments will ensure that the most vulnerable are better able to heat their homes through the winter. The £500 million Household Support Fund will support vulnerable households with essentials over the coming months.

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