Natural Gas: Fees and Charges

(asked on 1st June 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 assessment he has made of the potential effect on consumer costs of Ofgem's new charging regime for gas transportation.


Answered by
Kwasi Kwarteng Portrait
Kwasi Kwarteng
This question was answered on 4th June 2020

Ofgem, as the independent energy regulator, has responsibility for matters relating to the charging regime for gas transportation and has made their decision in accordance with its statutory duties, including Ofgem’s principal objective to protect the interests of GB’s energy consumers.

BEIS have been engaging closely with Ofgem to understand their assessments of the potential effects. Ofgem expect that overall GB consumers will benefit from lower gas and electricity bills each year when the new policy is in operation.

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