Bulb Energy

(asked on 3rd November 2022) - 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 the cost to the public purse has been of Government support for Bulb Energy since November 2021.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 8th November 2022

The administrators published their six-monthly progress report in June 2022, as per their statutory obligation. This showed that £901m of funding had been drawn down under their funding agreement with BEIS. The Special Administrators of Bulb are required by law to keep costs as low as possible and government continue to engage closely to ensure maximum value for money for taxpayers.

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