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United Kingdom · Question · Written question

UIN 148264

Energy: Prices

answeredUnited Kingdom· UK Parliament· EN

Introduced

28 March 2022

Last action

5 April 2022 · Answer

Status

Answered

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Energy

Source updated

5 April 2022

Energy

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with Ofgem on the (a) energy price cap rise and (b) its criteria of setting the price of a MWHr.

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Timeline

  1. 28 March 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with Ofgem on the (a) energy price cap rise and (b) its criteria of setting the price of a MWHr.

    Source: Commons

  2. 5 April 2022

    Answer

    It is Ofgem’s role, as the 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 appropriately reflects the underlying costs of energy,...

    Source: Written answer

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