PARLIAMENTARY WRITTEN QUESTION
Energy: Prices (22 September 2021)
Question Asked
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he plans to take to keep energy prices low for household consumers.
Asked by:
Charlotte Nichols (Labour)
Asked by:
Charlotte Nichols (Labour)
Answer
Energy prices are subject to commercial decisions made by individual suppliers and in competition with each others. In order to protect customers, the Government introduced the energy price cap in 2019, which saves 15 million households on default tariffs up to £100 a year on average. The level of the price cap is set by Ofgem, the independent regulator.
Answered by:
Greg Hands (Conservative)
22 October 2021
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