PoliticalRepoPoliticalRepo

United Kingdom · Question · Written question

UIN 33461

Energy: Price Caps

answeredUnited Kingdom· UK Parliament· EN

Introduced

25 February 2025

Last action

4 March 2025 · Answer

Status

Answered

Sponsors

Subjects

Energy

Source updated

4 March 2025

Energy

Summary

To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the adequacy of the rate of earnings before interest and tax allowance in OFGEM's energy price cap methodology.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 February 2025

    Written question

    To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the adequacy of the rate of earnings before interest and tax allowance in OFGEM's energy price cap methodology.

    Source: Commons

  2. 4 March 2025

    Answer

    The setting of the energy price cap is a matter for the independent regulator Ofgem. The earnings before tax and interest (EBIT) allowance allows energy suppliers to make a reasonable profit that ensures long-term investment, while limiting excess profits...

    Source: Written answer

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

No documents linked.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.