Energy: Taxation
(asked on 8th 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, pursuant to the Answer of 7 November 2022 to Question 77243 on Bulb Energy: Insolvency, whether there is a cap on the cost of the shortfall recovery mechanism that can be charged via a levy on energy suppliers.
This question was answered on 14th November 2022
The Special Administrators of Bulb are required by law to keep costs as low as possible and we continue to engage closely with them to ensure maximum value for money for taxpayers.