Fuel Oil: Prices

(asked on 10th March 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 recent assessment has he made of the adequacy of financial support available to people facing increased costs of heating oil.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 15th March 2022

The supply of heating oil is subject to UK competition law and consumer protection through a regulatory scheme under the Competition and Markets Authority (CMA). If residents are off the gas grid, but on a default tariff for their electricity supply, they will still be protected by the Energy Price Cap which continues to protect 15 million households.

In the longer term, improving the energy efficiency of our homes and buildings is vital to keeping household energy costs down and reducing carbon emissions, which is why the Government is driving £6 billion into making homes more energy efficient over the next ten years.

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