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United Kingdom · Question · Written question

UIN 61678

Energy: Prices

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 October 2022

Last action

17 October 2022 · Answer

Status

Answered

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Subjects

Energy

Source updated

17 October 2022

Energy

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps with Cabinet colleagues to regularly review the cap on household energy bills so that it reflects any reductions in global energy prices over the ne

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Timeline

  1. 12 October 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps with Cabinet colleagues to regularly review the cap on household energy bills so that it reflects any reductions in global energy prices over the ne

    Source: Commons

  2. 17 October 2022

    Answer

    OFGEM calculates and publishes the price cap, which limits the rates a supplier can charge for their default tariffs. The price cap calculations include consideration of global energy prices and cap levels are currently reviewed on a quarterly basis. The ...

    Source: Written answer

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