Energy: Costs

(asked on 24th May 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether he is taking steps it help ensure that costs charged by energy companies to customers reflect changes in the level of the energy market.


Answered by
Amanda Solloway Portrait
Amanda Solloway
This question was answered on 8th June 2023

Domestic consumers can choose a Fixed tariff, based on the best prices available at the time, or they will move onto a Default tariff. Where they are on Default tariff their energy supplier must ensure that their prices are within the Energy Price Cap. Ofgem determines the level of the cap every three months to reflect trends in the energy market.

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