United Kingdom · Question · Written question
UIN 40787
Energy: Profits
Original
Introduced
24 March 2025
Last action
28 March 2025 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
28 March 2025
Summary
To ask the Secretary of State for Energy Security and Net Zero, what steps he is taking to prevent energy companies profiting from price increases.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
24 March 2025
Written question
To ask the Secretary of State for Energy Security and Net Zero, what steps he is taking to prevent energy companies profiting from price increases.
Source: Commons
28 March 2025
Answer
Under the default tariff cap, Ofgem has capped the profits of energy suppliers in the retail market to ensure they do not make excessive profits. Since August 2023, the Earnings Before Interest and Tax allowance means that the percentage that energy suppl...
Source: Written answer
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- · Department for Energy Security and Net Zero · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-03-24/40787
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1787835
- uk · wq-1787835 · source updated 28 March 2025