PARLIAMENTARY WRITTEN QUESTION
(11 December 2024)

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of reducing off-peak tariff periods from 12 to seven hours on households reliant on overnight energy use.

Asked by:
Edward Morello (Liberal Democrat)

The Government recognises the importance of time of use tariffs, and we are putting in place reforms such as Smart Metering and the Market-wide Half Hourly Settlement to support the growth of these products. Tariff setting is a matter for suppliers, including the setting of peak and off-peak tariffs, and is regulated by Ofgem, including through the price cap which already has a variant to accommodate multi-rate tariffs such as Economy 7.

I regularly engage with stakeholders, including consumer groups and energy suppliers, to ensure that the sector meets the differing needs of consumers.

Answered by:
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