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United Kingdom · Question · Written question

UIN 108245

Business: Energy

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 December 2022

Last action

22 December 2022 · Answer

Status

Answered

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Subjects

Energy

Source updated

22 December 2022

Energy

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effectiveness of an energy price cap for businesses.

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Timeline

  1. 12 December 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effectiveness of an energy price cap for businesses.

    Source: Commons

  2. 22 December 2022

    Answer

    Applying a price cap in the non-domestic market is impractical given the number of different contractual arrangements, the range of prices offered and the risk of market distortion. The Energy Bill Relief Scheme has been designed to offer a comparable lev...

    Source: Written answer

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