Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if he will make an estimate of the number of businesses that have entered new fixed period energy price agreements in the last six months.

The Government does not currently hold data for all business energy contracts. Of those subject to Energy Bill Relief Scheme support, it is currently estimated is that up to 400,000 electricity contracts and 100,000 gas contracts were fixed since September 2022. This would not capture any contracts that may be fixed on an annual, or less frequent basis, and were done so prior to this point. The Government does not have information on the number of businesses these contracts equate to, as a single business can have multiple contracts and would also expect some businesses to have fixed both electricity and gas contracts.