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

To ask His Majesty's Government what assessment they have made of efforts by Ofgem to reduce consumer energy prices following the recent fall in inflation.

The recent fall in inflation is welcome, however energy markets remain volatile and prices are still well above historical norms. Suppliers buy energy in advance of when it is delivered and Ofgem determines a maximum price suppliers can charge consumers to recover the cost of this through the price cap. The Government has introduced the Energy Price Guarantee (EPG) which will save a typical household around £900 this winter, on top of a £400 discount through the Energy Bill Support Scheme.