Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what distributional analysis his Department has undertaken on the introduction of a cap on energy bills; and if he will place a copy of that analysis in the Library.
My rt. hon. Friend the Secretary of State wrote to the CEO of Ofgem on 21 June asking him to advise on what action the regulator intends to take to safeguard consumers on the poorest value tariffs and to consider the future of standard variable tariffs. The Secretary of State will decide on how to proceed, including on whether any additional analysis is necessary, when he has considered Ofgem’s proposals.