Energy: Prices

(asked on 13th March 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what recent discussions his Department has had with (a) Ofgem, (b) energy companies and (c) consumer groups on reducing daily unit rates.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 21st March 2023

Ministers have regular engagement with Ofgem, energy suppliers and consumer groups.

Daily unit rates for default electricity and gas tariffs are capped by the price cap, which is set by Ofgem, and further reduced by the Government’s Energy Price Guarantee.

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