Energy: Prices

(asked on 7th February 2018) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the draft Domestic Gas and Electricity (Tariff Cap) Bill proposes he rather than Ofgem or the Competition and Markets Authority makes the final decision on extending or terminating a domestic energy price cap in 2020.


Answered by
 Portrait
Claire Perry
This question was answered on 23rd February 2018

The decision on whether to introduce a price cap will be made by Parliament approving a Government Bill on a matter that was a manifesto commitment. It is therefore right for Government to decide whether such a price cap would remain in place, after a report and recommendation from Ofgem.

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