M
Member
Speaking in the House of Lords on 10 June 2026
Debate
Energy Prices Act 2022 (Amendment) (Northern Ireland) Regulations 2026Contribution
The final question from the noble Lord, Lord Moynihan, was particularly about the measure on RO levies to the Treasury. I understand that that will mean a reduction in bills of about £30 to £40. I emphasise that that is a reduction in the bills that would otherwise be there; it does not necessarily mean the bills going down completely. That change is intended to be permanent, but the legislation does not permit that; it permits a sunset clause to be extended to a further sunset clause. In theory, it will be necessary in, say, 2030, to introduce a measure that makes this permanent, but we have a few years to sort that out before this sunset clause finally gives way.
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