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Written question asked by Kenny MacAskill (Alba Party) on Monday, 20 May 2024, in the House of Commons. It was due for an answer on Thursday, 23 May 2024 (named day). It was answered by Amanda Solloway (Conservative) on Thursday, 23 May 2024 on behalf of the Department for Energy Security and Net Zero.


Energy: Debts

Question

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 20 May 2024 to Question 26615 on Energy: Debts, what is the (a) sum, (b) quantum and (c) value of the element of the Default Tariff Cap allocated by Ofgem for consumer debt held by suppliers.

Answer

Ofgem includes an ‘adjustment allowance’ in the price cap calculation to account for elements such as consumer debt. In the April-June 2024 price cap, the amount is £28 per typical domestic customer bill per year.

Ofgem publishes price cap calculations on its website: https://www.ofgem.gov.uk/energy-policy-and-regulation/policy-and-regulatory-programmes/energy-price-cap-default-tariff-policy/energy-price-cap-default-tariff-levels


Secondary information

Type
Written question
Reference
27177
Session
2023-24
Related items
Energy: Debts
Monday, 20 May 2024
Written questions
House of Commons
Subjects
Debts Energy
Link
View this Written question on www.parliament.uk