Energy: Prices

(asked on 13th March 2025) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps he is taking to help ensure that pricing for energy bills is competitive.


Answered by
Miatta Fahnbulleh Portrait
Miatta Fahnbulleh
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 21st March 2025

Energy prices for households on default tariffs are determined by Ofgem’s price cap, which is set at a level that protects such consumers from paying inefficient prices, while allowing for competition between suppliers.

Prices for other tariffs, including fixed tariffs and non-domestic tariffs, are set by suppliers, who compete for customers on the basis of price and quality of service.

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