Energy: Prices

(asked on 8th 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, what assessment his Department has made of the effect of the Domestic Gas and Electricity (Tariff Cap) Bill on employment in energy projects in the counties and regions; and if he will make a statement.


Answered by
 Portrait
Claire Perry
This question was answered on 20th February 2018

The draft Domestic Gas and Electricity (Tariff Cap) Bill is clear that Ofgem must have regard to the need to ensure that holders of supply licences who operate efficiently are able to finance activities authorised by the licence. It would be for the independent regulator, Ofgem, to make its assessment of efficient operations.

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