Energy: Prices

(asked on 24th 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, pursuant to the Answer of 23 January 2018 to Question 122977, which countries that regulate retail energy prices were considered by his Department prior to publishing the draft Domestic Gas and Electricity (Tariff Cap) Bill.


Answered by
 Portrait
Claire Perry
This question was answered on 30th January 2018

A number of countries where there were or had been price interventions in the energy sector have been looked at, including Canada, USA, Spain and New Zealand. However, their markets were not previously liberalised, or had only recently been liberalised, which is very different to the situation in Great Britain.

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