Energy: Prices

(asked on 16th January 2018) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the draft Domestic Gas and Electricity (Tariff Cap) Bill proposes to vest in him rather than Ofgem the power to remove the energy price cap in 2020 or to allow it to be extended.


Answered by
 Portrait
Claire Perry
This question was answered on 24th January 2018

The decision to implement a price cap will be made by Parliament approving a Government Bill on a matter that was a manifesto commitment. It is right for Government to decide whether the price cap would remain in place, after a report and recommendation from Ofgem.

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