Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential impact of increasing the energy price cap on household default tariffs on (a) the average annual energy bill for households and (b) trends in the level of profits of energy companies.

Decisions on the price cap are for independent regulator Ofgem. Average energy bills are published online at https://assets.publishing.service.gov.uk/media/65c65524cc433b0011a90ba8/table_221.xlsx

A break down of the components of the price cap, including the earnings allowance, may be found at www.ofgem.gov.uk/energy-price-cap.