Energy: Prices

(asked on 14th April 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 assessment has he made of the effectiveness of the energy price cap in incentivising households to increase electrification.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 26th April 2022

The Government recognises that how certain costs are apportioned between electricity and gas can incentivise certain types of behaviour. As set out in its British Energy Security Strategy, the Government will rebalance the costs placed on energy bills away from electricity to incentivise electrification across the economy, and to accelerate consumers and industry's shift away from volatile global commodity markets over the decade. Proposals on how to do so will be published in 2022.

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