Energy: Prices

Department for Energy and Climate Change written question – answered on 23rd June 2015.

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Photo of David Davies David Davies Chair, Welsh Affairs Committee, Chair, Welsh Affairs Committee

To ask the Secretary of State for Energy and Climate Change, what assessment she has made of the effect of the carbon price floor and the expected reduction in capacity of coal-fired power plants on future household fuel costs.

Photo of Andrea Leadsom Andrea Leadsom The Minister of State, Department of Energy and Climate Change

The impact of the Carbon Price Floor on consumer bills has been assessed in the following report, “Estimated impacts of energy and climate change policies on energy prices and bills, DECC, 2014”:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/384404/Prices__Bills_report_2014.pdf

The report includes figures for projected average electricity bills in 2014, 2020 and 2030. The cost of anticipated new generation capacity is reflected in these figures.

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