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Written question asked by Alex Sobel (Labour) on Thursday, 16 May 2024, in the House of Commons. It was due for an answer on Monday, 20 May 2024. It was answered by Amanda Solloway (Conservative) on Thursday, 23 May 2024 on behalf of the Department for Energy Security and Net Zero.

Energy Bill Relief Scheme

Question

To ask the Secretary of State for Energy Security and Net Zero, if she will make an assessment of the potential impact of the proposed Energy Bill Relief Scheme final reconciliation date of May 2024 on the non-domestic energy sector in the (a) medium- and (b) long-term.

Answer

The Department has met with energy suppliers and their trade bodies to develop the Energy Bill Relief Scheme (EBRS) reconciliation arrangements. To that end, the Department has been working closely with suppliers to develop an evidence base, needed to enact any effective change to the policy that met the concerns of industry whilst also ensuring the return of any public money owed.

Notably, the Department issued a Request for Information (RFI), in March, in order to gather the necessary evidence and data that would inform any effective policy change. Whilst the returns were not as detailed as expected, this did allow the Department to develop an amended approach that struck a balance between industry concerns and the need to return taxpayer funds if owed.

Details of the proposed amended approach have been shared with both industry bodies, the I&C Shippers and Suppliers (ICoSS) and Energy UK, in early May. This was presented to all suppliers and trade bodies at a roundtable chaired by the Department on 22 May.

Secondary information

Type
Written question
Reference
26724
Session
2023-24
Subjects
Energy bill relief scheme
Link
View this Written question on www.parliament.uk