Energy: Prices

(asked on 6th July 2017) - 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 scope Ofgem has to implement a domestic energy market price cap without the need for further primary legislation.


Answered by
Margot James Portrait
Margot James
This question was answered on 12th July 2017

Ofgem has wide powers under the Gas Act 1986 and the Electricity Act 1989 to modify the conditions of gas and electricity supply licences, which would allow for the introduction of a domestic energy price cap.

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