Energy: Prices

(asked on 11th November 2014) - View Source

Question

To ask Her Majesty’s Government what are the impacts in pounds per megawatt hour of each energy and climate change policy on (1) retail gas prices, and (2) retail electricity prices, for (a) domestic consumers, (b) medium-sized businesses, and (c) energy-intensive users in their low, central, and high fossil-fuel price scenarios.


Answered by
Baroness Verma Portrait
Baroness Verma
This question was answered on 27th November 2014

The layout of the 2014 Estimated Impacts of Energy and Climate Change Policies on Energy Prices and Bills report1 was reviewed to focus on overall bill impacts following feedback on the length of Annexes and confusion between the prices and bills tables in previous reports.

The price and consumption effects of each policy on domestic consumers, medium-sized businesses, and energy intensive users are converted into £ impacts and set out in a single set of tables in Annex D.

The results of fossil fuel price sensitivity analysis are summarised in Chapter 6.

[1] https://www.gov.uk/government/publications/estimated-impacts-of-energy-and-climate-change-policies-on-energy-prices-and-bills-2014

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