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

To ask the Secretary of State for Business, Energy and Industrial Strategy, when he expects energy bills to decrease following the drop in price of wholesale gas.

Recent reductions in gas wholesale prices are welcome, however the market remains volatile, and prices are still well above historical norms. Suppliers buy energy in advance of when it is delivered and Ofgem determines a maximum price they can charge consumers to recover the cost of this through the price cap. This means there is a lag time between changes in price and it being reflected in consumer bills. The Government has introduced the Energy Price Guarantee (EPG) which will save a typical household around £900 this winter, on top of a £400 discount through the Energy Bill Support Scheme.