Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when his Department will (a) begin and (b) publish the results of the three-month review of the (i) Energy Bills Support Scheme, (ii) Energy Price Guarantee and (iii) Energy Bill Relief Scheme for (A) business and (B) non-domestic consumers.

The Government has announced unprecedented support to protect households and businesses from high energy prices. The Energy Price Guarantee, Energy Bills Support Scheme and the Energy Bill Relief Scheme are supporting millions of households and businesses with rising energy costs, and they will continue to do so from now until the end of March next year.

However, looking beyond April, the Chancellor has said that it would be irresponsible for the Government to continue exposing the public finances to unlimited volatility in international gas prices. A Treasury-led review has therefore been launched to consider how to support households and businesses with energy bills from April 2023.

The objective of the review is to design a new approach that will reduce the cost to the taxpayer whilst ensuring enough support for those in need. Any support for businesses will be targeted to those most affected, and the new approach will better incentivise energy efficiency. Further information will be announced in due course.