Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to help support businesses affected by the Regulated Asset Base levy for Sizewell C.

The impact of Sizewell C RAB levies on consumers of the electricity system was considered as part of the business case process.

To align with the approach taken for other renewable schemes and minimise distortions, eligible GB based Energy Intensive Industries are exempt from the nuclear RAB policy costs.

Analysis shows Sizewell C could create savings of £2 billion a year across the future low-carbon electricity system once operational - leading to cheaper power for consumers https://www.gov.uk/government/publications/sizewell-c-value-for-money-assessment

The Government remains committed to supporting businesses with electricity costs. This includes targeted reliefs and broader efforts to ensure prices remain fair, competitive, and reflective of a well-functioning energy market.