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Written question asked by Drew Hendry (Scottish National Party) on Wednesday, 13 July 2022, in the House of Commons. It was due for an answer on Friday, 15 July 2022. It was answered by Greg Hands (Conservative) on Thursday, 21 July 2022 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 his Department has made an assessment of the potential merits of setting a price cap for domestic heating in winter 2022.

Answer

The energy price cap was introduced to address an issue where certain groups of customers in the domestic market were found to be paying too much for their energy through a loyalty penalty. It therefore only applies to domestic gas and electricity consumers who are on a default or standard variable tariff. The price cap rate is set by Ofgem.


Secondary information

Type
Written question
Reference
35992
Session
2022-23
Subjects
Energy Heating Price caps
Link
View this Written question on www.parliament.uk