Skip to main content

Written question asked by Shivani Raja (Conservative) on Friday, 28 August 2026, in the House of Commons. It was due for an answer on Wednesday, 2 September 2026. It was answered by Torsten Bell (Labour) on Tuesday, 8 September 2026 on behalf of the Treasury.


Energy: Prices

Question

To ask the Chancellor of the Exchequer, what steps the Treasury is taking to evaluate the potential impact of energy bill increases on domestic inflation and household disposable income.

Answer

The Government is closely monitoring energy prices and their potential impact on inflation and household incomes.

This Government is also committed to helping households with the cost of living: from 1 October, VAT will be removed from domestic electricity bills, which Ofgem has confirmed will take around £45 off the annual Ofgem price cap. This comes on top of action taken at the last Budget to remove around £150 from household energy bills, reducing inflation by around 0.2 percentage points in 2026/27.


Secondary information

Type
Written question
Reference
22547
Session
2026-27
Subjects
Energy Inflation Prices Disposable income
Link
View this Written question on www.parliament.uk