Energy: Prices

(asked on 15th December 2020) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the real terms increase in household energy bills since 2010.


Answered by
Kwasi Kwarteng Portrait
Kwasi Kwarteng
This question was answered on 23rd December 2020

The Energy White Paper, which has affordability at its heart and includes measures we are bringing forward to keep bills affordable, was published earlier this month, and sets out the historic context for consumer energy bills. The average household dual fuel bill in 2019 was similar to 2010. However, the underlying costs have changed. Over the past decade, electricity prices have risen because of policy and network costs, while gas prices have fluctuated, reflecting movements in the wholesale gas price. However, consumers have used less energy, which has balanced out the cost increase.

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