Energy Supply: Prices

(asked on 23rd September 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish a regional impact assessment on a rise in energy prices.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 18th October 2021

In order to protect customers, the Government introduced a price cap in 2019 which saves 15 million households on default tariffs up to £100 a year on average. The level of the price cap is set by Ofgem, the independent regulator, and is based on a range of factors including regional network costs.

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