Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to prepare for the potential effect on consumers of trends in the level of energy bills in winter 2023-24.

The Government has launched the ‘It All Adds Up’ energy saving campaign, with simple, low or no-cost actions that households can take to cut energy use and save money now, and on an ongoing basis.

The Energy Price Guarantee (EPG) operates until March 2024 to apply a subsidy where energy prices exceed the target price set by Government. As set out in the Autumn Statement, the Government will develop a new approach to consumer protection in energy markets, which will apply from April 2024. The Government has committed to work with consumer groups and industry to consider the best approach, including options such as social tariffs, as part of wider retail market reforms.