United Kingdom · Question · Written question
UIN 95875
Energy: Profits
Original
Introduced
24 November 2022
Last action
29 November 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
29 November 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department is taking steps to cap the profits of Distribution Network Operators.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
24 November 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department is taking steps to cap the profits of Distribution Network Operators.
Source: Commons
29 November 2022
Answer
Ofgem, as the independent energy regulator, uses the price control process to set the amount that Network Operators can spend and the returns they can make on investment, in a way that allows the funding needed for a more resilient, low-carbon network whi...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-11-24/95875
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1545312
- uk · wq-1545312 · source updated 29 November 2022