Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what assessment they have made of Cornwall Insight’s forecast of a 15 per cent reduction in the household energy price cap in the second quarter of this year; and what steps they will take to further alleviate the financial burden on households.

The setting of the default tariff (price) cap is a matter for Ofgem.

On 23 February Ofgem confirmed the price cap is to be £1,690 for the second quarter of this year, which is a reduction of 12% on the previous quarter and the lowest level for two years. The Government has a package of targeted cost of living support for households and is increasing pensions and the national living wage.