Energy: Prices

(asked on 21st October 2014) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what assessment he has made of the likely transmission cost per consumer in each regional distribution network area in each year from 2014 to 2022.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 24th October 2014

Ofgem regulates network expenditure through the price control processes, which set out how much the network companies can spend and what can be passed through to consumers over an eight-year period. Network costs are charged to network users on a cost reflective basis to ensure that the networks are built, maintained and operated in an economically efficient way.

DECC publishes average bill impacts. In March 2013, the Government published estimates of the impact of energy and climate change policies on energy prices and bills for 2013, 2020 and 2030:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/172923/130326_-_Price_and_Bill_Impacts_Report_Final.pdf.

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