Energy: Prices

Department for Energy Security and Net Zero written question – answered at on 6 February 2024.

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Photo of Stephen Morgan Stephen Morgan Shadow Minister (Defence) (Armed Forces and Defence Procurement), Shadow Minister (Transport)

To ask the Secretary of State for Energy Security and Net Zero, what steps her Department is taking to help reduce energy bills.

Photo of Amanda Solloway Amanda Solloway Government Whip, Lord Commissioner of HM Treasury, Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)

Energy prices have fallen significantly in the last year with the Q1 2024 price cap of £1,928 being significantly less than the Q1 2023 price cap which peaked at £4,279. Despite this, the Government is continuing to support those who need it the most, with over £104 billion in support, or £3,700 per household on average, being delivered between 2022 – 2025.

Millions of households are receiving up to £900 in further cost-of-living payments, in addition to established support for vulnerable households such as the Winter Fuel Payment worth between £250 - £600 and the £150 Warm Home Discount.

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