Written question asked by Mark Menzies (Conservative) on Tuesday, 16 January 2018, in the House of Commons. It was due for an answer on Thursday, 18 January 2018. It was answered by Claire O'Neill (Conservative) on Monday, 22 January 2018 on behalf of the Department for Business, Energy and Industrial Strategy.
Energy: Price Caps
- Question
-
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to make available quantitative data on the effect of a price cap on (a) investment in the energy sector and (b) customers before the Domestic Gas and Electricity (Tariff Cap) Bill is introduced into Parliament.
- Answer
-
As set out in the Impact Assessment for the draft Bill, the costs and benefits will depend on the detailed methodology the independent regulator Ofgem adopts to set the level of a tariff cap. The Government does not wish to pre-judge Ofgem’s work in establishing the methodology by including quantified analysis of the costs and benefits in the Impact Assessment.
Secondary information
- Type
- Written question
- Reference
- 122979
- Session
- 2017-19
- Subjects
- Consumers Investment Energy Price caps
- Legislation
- Draft Domestic Gas and Electricity (Tariff Cap) Bill
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-23 11:42:50 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/122979
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/122979
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/122979