Written Question·Department for Energy Security and Net Zero·UIN 6507
Energy: Price Caps
Tabled: 4 October 2024
Answered: 14 October 2024
Question
Mary Kelly Foy
Labour — City of Durham
To ask the Secretary of State for Energy Security and Net Zero, if he will meet with Ofgem to discuss the potential merits of reducing the energy price cap for winter 2024-25.
Answer
Miatta FahnbullehThe Energy Price Cap is set by Ofgem and there are different costs included in the price cap, such as the wholesale cost of energy. Any changes to these costs will affect how much the price cap will be each time it is reviewed, and the main driver of the ...
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