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United Kingdom · Question · Written question

HL HL4927

Energy: Prices

answeredUnited Kingdom· UK Parliament· EN

Introduced

19 January 2023

Last action

2 February 2023 · Answer

Status

Answered

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Subjects

Energy

Source updated

2 February 2023

Energy

Summary

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.

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Timeline

  1. 19 January 2023

    Written question

    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.

    Source: Lords

  2. 2 February 2023

    Answer

    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 t...

    Source: Written answer

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