Energy: Price Caps

(asked on 23rd April 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, how much and what proportion of the Energy Price Cap is allocated for debt servicing by suppliers.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 26th April 2024

The setting of the energy price cap rates each quarter is a matter for Ofgem.

Ofgem has published a breakdown of the price cap: https://www.ofgem.gov.uk/energy-price-cap

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