Energy: Prices

(asked on 26th June 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government why the green levy on energy bills will be introduced from 1 July after a six-month interval rather than after a two-year suspension as per their previous stated policy.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 10th July 2023

In the 2022 Growth Plan, the Government pledged to provide £150 to cover the costs ofgreen leviesincluded in energy bills for two years through the Energy Price Guarantee (EPG). By the end of June, this Guarantee will have saved a typical household in Great Britain around £1,100 in total, including the £150 we committed to.

From July 2023, the Ofgem price cap will be set at £2,074, below the EPG discount level of £3,000 for a typical household.

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