United Kingdom · Question · Written question
UIN 134413
Energy: Prices
Introduced
4 March 2022
Last action
14 March 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
14 March 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to require energy suppliers to take the burden of increases in wholesale energy price costs when the OFGEM energy price cap announcement takes effect in October 2
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
4 March 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to require energy suppliers to take the burden of increases in wholesale energy price costs when the OFGEM energy price cap announcement takes effect in October 2
Source: Commons
14 March 2022
Answer
It is Ofgem’s role, as independent regulator, to set a fair level for the price cap. Legislation sets out that Ofgem must review the level of the cap at least once every 6 months to ensure the cap level appropriately reflects the underlying costs of energ...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-03-04/134413
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1438109
- uk · wq-1438109 · source updated 14 March 2022