Written question asked by Simon Clarke (Conservative) on Wednesday, 6 September 2017, in the House of Commons. It was due for an answer on Monday, 11 September 2017. It was answered by Lord Harrington of Watford (Conservative) on Thursday, 14 September 2017 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 assessment he has made of the extent to which the profit margins of distribution network operators affect the cost of energy.
- Answer
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Electricity and gas networks are the transportation systems which convey energy from where it is produced or imported to homes and businesses. Network costs make up around a quarter of the average dual fuel bill.
Network companies are regulated by Ofgem in order to ensure that companies deliver a safe, reliable network whilst investing for the future and providing value for money for customers.
The regulation process is a matter for the independent regulator Ofgem and, by law, must be administered independently of Government.
Secondary information
- Type
- Written question
- Reference
- 9104
- Session
- 2017-19
- Subjects
- Energy Distribution Profits Prices
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2017-09-14 16:29:29 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/9104
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/9104
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