Written question asked by Mark Menzies (Conservative) on Tuesday, 16 January 2018, in the House of Commons. It was due for an answer on Friday, 19 January 2018 (named day). It was answered by Claire O'Neill (Conservative) on Friday, 19 January 2018 on behalf of the Department for Business, Energy and Industrial Strategy.
Energy: Prices
- Question
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To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the proposed provisions of the draft Domestic Gas and Electricity (Tariff Cap) Bill would permit him to remove the energy price cap in the event that such a removal would have a deleterious effect on (a) competition in the energy market and (b) energy customers.
- Answer
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Ofgem would set the level of the price cap in a way such that, amongst other things, it would maintain incentives for switching and enable effective competition. The price cap would be lifted once the conditions for effective competition are in place in accordance with the process in clause 6.
Secondary information
- Type
- Written question
- Reference
- 122984
- Session
- 2017-19
- Subjects
- Consumers Competition Energy Prices
- Legislation
- Draft Domestic Gas and Electricity (Tariff Cap) Bill
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2018-11-20 11:20:26 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/122984
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/122984
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/122984