Energy: Price Caps

(asked on 25th March 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if she will make it her policy to cap energy prices based on the time of day that households use their appliances.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 15th April 2024

The price cap on default tariffs remains in place. Ofgem are seeking views on how price protections could apply in future, in light of innovations such as time of use tariffs www.ofgem.gov.uk/publications/ofgem-launches-discussion-future-price-cap .

Alongside this the Government is seeking views on how default tariffs should support households in the future https://www.gov.uk/government/calls-for-evidence/default-energy-tariffs-for-households-call-for-evidence.

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