Energy: Price Caps

Department for Business, Energy and Industrial Strategy written question – answered at on 6 October 2022.

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Photo of Stewart McDonald Stewart McDonald Shadow SNP Spokesperson (Defence)

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of extending the energy price cap to business energy contracts which are agreed for the purpose of supplying energy to communal areas of residential buildings.

Photo of Graham Stuart Graham Stuart Minister of State (Minister for Climate)

The energy price cap addresses the loyalty penalty that certain groups of domestic customers were found to be paying.

The Energy Bill Relief Scheme will provide a discount on wholesale gas and electricity prices for eligible non-domestic customers whose prices have been significantly inflated due to global energy prices. The Scheme will initially run for 6 months from 1st October 2022 until 31st March 2023, with a review to be published after 3 months. We expect businesses and other organisations to pass on the benefits to the end user in a reasonable way, which will ensure support for customers paying for energy through a contract with their landlord.

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