Energy: Prices

(asked on 6th March 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what plans they have, if any, to support consumers with energy price increases as a result of the war in Iran.


Answered by
Lord Whitehead Portrait
Lord Whitehead
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 20th March 2026

The Government recognises that families and businesses across the country will see the recent global events and once again be concerned about the impact on their energy bills. We continue to monitor the situation closely and we are looking at what further support may be needed. My Rt. Hon. Friend the Chancellor has announced £53m for low income families, who heat their homes with oil to help tackle surging prices. This funding will be available to the Northern Ireland Executive, Wales, and Scotland. More information can be found here: Over £50 million to help families struggling with soaring heating oil costs - GOV.UK

At the Autumn Budget we committed to taking money off energy bills and we have. Ofgem has confirmed that the price cap will fall by 7% or £117 annually for the period covering April to June. The price cap for that period is fixed and will not change.

In addition to this, around 6 million families are benefitting from the expansion of the £150 Warm Home Discount, and through the Warm Homes Plan the Government is delivering the biggest investment in home upgrades in British history.

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