Energy: Price Caps

Summary

To ask the Secretary of State for Energy Security and Net Zero, if she will make a comparative assessment of the (a) impact of the energy price cap on domestic consumers in (i) 2019, (ii) 2020, (iii) 2021, (iv) 2022 and (v) 2023 and (b) potential impact o

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Timeline

1. 27 November 2023

   Written question

   To ask the Secretary of State for Energy Security and Net Zero, if she will make a comparative assessment of the (a) impact of the energy price cap on domestic consumers in (i) 2019, (ii) 2020, (iii) 2021, (iv) 2022 and (v) 2023 and (b) potential impact o

   Source: Commons

2. 30 November 2023

   Answer

   Decisions on the price cap methodology are for independent regulator Ofgem. The cap limits the amount energy suppliers can charge for each unit of gas and electricity, as well as the maximum standing charge consumers pay for access to the grid. The law re...

   Source: Written answer

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• · Department for Energy Security and Net Zero · Answering body

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