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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what consideration he has given to the potential merits of reopening the public consultation on the RIIO-ED2 Draft Determinations, in the context of the cost of living crisis.

Ofgem, as the independent energy regulator, uses the price control process to set the amount that Network Operators can spend and the returns they can make on investment, in a way that allows the funding needed for a more resilient, low-carbon network while protecting consumers from excessive costs. The Government engages regularly with Ofgem, the network companies and stakeholders, including consumer interest groups, throughout the development of the price controls. The new electricity distribution network price control will commence in April 2023, and Final Determinations from Ofgem were published on 30^th November.