Written question asked by Grant Shapps (Conservative) on Friday, 27 April 2018, in the House of Commons. It was due for an answer on Wednesday, 2 May 2018 (named day). It was answered by Claire O'Neill (Conservative) on Wednesday, 2 May 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, what steps the Government is taking to support Ofgem in ensuring that the new RIIO-2 price control framework is tougher on energy network companies.
- Answer
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Network regulation, including setting the next energy network price control, RIIO-2, is a matter for Ofgem as the independent energy regulator. By law, Government has no role in this process.
Ofgem states that its proposals for RIIO-2 are expected to save consumers £5 billion over 5 years or around £15-25 per household bill.
Government welcomes regulators and network companies acting in the best interests of consumers and expects consumers to get a fair deal.
Secondary information
- Type
- Written question
- Reference
- 138960
- Session
- 2017-19
- Subjects
- Energy Prices
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2018-05-02 18:11:41 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/138960
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/138960
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/138960