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United Kingdom · Question · Written question

UIN 174889

Energy: Price Caps

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 March 2021

Last action

13 April 2021 · Answer

Status

Answered

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Subjects

Energy

Source updated

13 April 2021

Energy

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to carry out an impact assessment on low income households on the increase of the OFGEM price cap.

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Timeline

  1. 24 March 2021

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to carry out an impact assessment on low income households on the increase of the OFGEM price cap.

    Source: Commons

  2. 13 April 2021

    Answer

    The price cap is revised every 6 months so that it is consistent with the underlying costs of supplying energy to households. Determining efficient costs is inherently challenging, but this is the product of Ofgem’s wide-ranging and in-depth benchmarking ...

    Source: Written answer

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