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
Minister of State (Department for Business and Trade)
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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