Electricity: Standing Charges

(asked on 23rd February 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, what discussions he has had with Ofgem on the methodology or assessment used in their decision to increase the daily standing charge element of the April 2022 energy price cap from £0.25 to £0.45 for electricity and from £0.26 to £0.27 for gas.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 28th February 2022

Decisions on the level of the price cap are for Ofgem. The Government is in regular contact with Ofgem and industry to discuss the impact of unprecedented global gas prices and will continue to monitor the situation closely to ensure consumers are protected.

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