Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what insurance packages is he preparing to assist households with a potential energy price shock.

The Government recognises that families and businesses across the country will see the recent global events and once again be concerned about the impact on their energy bills. We continue to monitor the situation closely and we are looking at what further support may be needed.

Changes announced at the Autumn Budget ensure that from April until the end of June, the energy price cap will fall by 7% or £117 per year. The price cap for that period is fixed and will not change.

Households with bigger bills could save more, particularly those with electric heating, many of whom are on lower incomes. We are also ensuring that those on fixed tariffs are supported, with suppliers confirming they will be passing on the savings to customers who have chosen to fix their rates off the price cap.

This action follows the decision to expand the Warm Home Discount this winter, which will see around six million households receive an additional £150 off their energy bills.