Business: Energy

(asked on 5th September 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what steps they are taking to increase regulation of the energy market for businesses.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 23rd September 2022

The business supply market benefits from greater diversity because it is less regulated than the domestic market. It is important to strike the right balance to assist businesses.

On 8th September the Prime Minister announced a new six-month scheme – the Energy Price Guarantee for Businesses (EPGB) – to protect all businesses and other non-domestic energy users from soaring energy costs. It will offer comparable support to that being provided for consumers and we expect the scheme to be available in the autumn.

Reticulating Splines