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Energy: Meters

Department for Business, Energy and Industrial Strategy written question – answered on 14th June 2018.

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Photo of Steve McCabe Steve McCabe Labour, Birmingham, Selly Oak

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to set an allowance for energy suppliers under the proposed energy price cap to reflect the cost of delivering the smart meters implementation programme.

Photo of Claire Perry Claire Perry The Minister of State, Department for Business, Energy and Industrial Strategy, Minister of State (Business, Energy and Industrial Strategy) (Energy and Clean Growth)

The Domestic Gas & Electricity (Tariff Cap) Bill places a duty on Ofgem to set a temporary price cap on standard variable and default tariffs. On 25th May 2018, Ofgem published a consultation, “Default Tariff Cap: Policy Consultation Overview” in which they propose a methodology for the treatment of smart metering costs under the tariff cap.

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