Energy: Prices

(asked on 19th 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 business model his Department will use in determining the level of the proposed energy price cap.


Answered by
 Portrait
Claire Perry
This question was answered on 27th February 2018

The draft Bill would require Ofgem to set the level of the price cap such that, amongst other things, it would maintain incentives for switching and enable effective competition.

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