Energy: Prices

(asked on 24th February 2015) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, pursuant to the contribution by the hon. Member for Hastings and Rye of 14 January 2015, Official Report, column 932, on energy prices, what the evidential basis is for the statement that customers would be £100 a year worse off if prices had been frozen in October 2013.


Answered by
Amber Rudd Portrait
Amber Rudd
This question was answered on 4th March 2015

Using average annual consumption of 3,200kW/h per year for electricity and 13,500kW/h per year for gas, the annual cost of the cheapest deal on the market (in London) was £913 on the 15 January 2015. DECC estimate that this is around £100 lower than the cheapest deal a year earlier.

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