Written Question·Department for Energy Security and Net Zero·UIN 10086

Energy: Prices

Tabled: 21 October 2024
Answered: 29 October 2024

Question

Jim Shannon

Democratic Unionist Party — Strangford

To ask the Secretary of State for Energy Security and Net Zero, if he will hold discussions with regulators on potential changes in the level of energy prices.

Answer

Miatta Fahnbulleh
The 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. As such, the Government bel...
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