Energy: Prices

Department for Business, Energy and Industrial Strategy written question – answered on 12th December 2017.

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Photo of Preet Kaur Gill Preet Kaur Gill Labour/Co-operative, Birmingham, Edgbaston

What the timetable is for the implementation of an energy price cap.

Photo of Margot James Margot James Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government will legislate at the earliest possible opportunity.

The draft Bill is currently undergoing scrutiny by the BEIS Select Committee.

We would hope for cross-party support for this Bill and a quick passage through Parliament.

The Bill allows for Ofgem to consult on its proposed methodology and draft licence condition while the Bill is being progressed through Parliament.

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