Energy: Prices

(asked on 26th March 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 steps his Department is taking to bring forward legislative proposals on an energy price cap by next winter.


Answered by
 Portrait
Claire Perry
This question was answered on 6th April 2018

The Domestic Gas and Electricity (Tariff Cap) Bill was introduced on 23 February 2018 and is currently progressing through the House. Information about the Bill is available at https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8242

Ofgem have published an initial working paper on the design of the cap with the aim of implementing it by end of year. The working paper is available at https://www.ofgem.gov.uk/publications-and-updates/default-tariff-cap-working-paper-setting-level-cap

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