Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 20 May 2024 to Question 26615 on Energy: Debts, what is the (a) sum, (b) quantum and (c) value of the element of the Default Tariff Cap allocated by Ofgem for consumer debt held by suppliers.
Ofgem includes an ‘adjustment allowance’ in the price cap calculation to account for elements such as consumer debt. In the April-June 2024 price cap, the amount is £28 per typical domestic customer bill per year.
Ofgem publishes price cap calculations on its website: https://www.ofgem.gov.uk/energy-policy-and-regulation/policy-and-regulatory-programmes/energy-price-cap-default-tariff-policy/energy-price-cap-default-tariff-levels