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United Kingdom · Question · Written question

UIN 3338

Energy: Price Caps

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 July 2017

Last action

12 July 2017 · Answer

Status

Answered

Sponsors

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Subjects

Energy

Source updated

12 July 2017

Energy

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what scope Ofgem has to implement a domestic energy market price cap without the need for further primary legislation.

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Timeline

  1. 6 July 2017

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what scope Ofgem has to implement a domestic energy market price cap without the need for further primary legislation.

    Source: Commons

  2. 12 July 2017

    Answer

    Ofgem has wide powers under the Gas Act 1986 and the Electricity Act 1989 to modify the conditions of gas and electricity supply licences, which would allow for the introduction of a domestic energy price cap.

    Source: Written answer

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