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1484186
star this property registered interest false more like this
star this property date less than 2022-06-28more like thismore than 2022-06-28
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help ensure a competitive market for domestic energy users. more like this
star this property tabling member constituency Burton more like this
star this property tabling member printed
Kate Griffiths more like this
star this property uin 26863 more like this
star this property answer
answer
star this property is ministerial correction true more like this
star this property date of answer less than 2022-07-06more like thismore than 2022-07-06
unstar this property answer text <p>The Government continues to believe that competition is the best driver of value and innovation in the energy market. However, there has been less scope for competition in the supply market during this period of high and volatile wholesale gas and electricity prices.</p><p> </p><p>The Government wants a retail energy market that is both resilient and competitive, with companies able to invest in innovation and offer products and services that support decarbonisation. The Government is considering what reforms are needed to retail market regulation and will set out its plans ahead of the next price cap period<ins class="ministerial">.</ins></p> more like this
star this property answering member constituency Chelsea and Fulham more like this
star this property answering member printed Greg Hands more like this
star this property question first answered
less than 2022-07-06T14:22:23.657Zmore like thismore than 2022-07-06T14:22:23.657Z
star this property question first ministerially corrected
less than 2022-07-06T16:07:36.377Zmore like thismore than 2022-07-06T16:07:36.377Z
star this property answering member
1526
star this property label Biography information for Greg Hands more like this
star this property previous answer version
11173
star this property answering member constituency Chelsea and Fulham more like this
star this property answering member printed Greg Hands more like this
star this property answering member
1526
star this property label Biography information for Greg Hands more like this
star this property tabling member
4773
unstar this property label Biography information for Kate Kniveton more like this
167729
star this property registered interest false more like this
star this property date less than 2014-12-03more like thismore than 2014-12-03
star this property answering body
Department for Energy and Climate Change more like this
star this property answering dept id 63 more like this
star this property answering dept short name Energy and Climate Change more like this
star this property answering dept sort name Energy and Climate Change more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Energy and Climate Change, pursuant to the Answer of 26 November 2014 to Question 215252, if he will place in the Library a copy of his Department's estimate of retail (a) electricity and (b) gas prices in each month between January 2007 and November 2014. more like this
star this property tabling member constituency Don Valley more like this
star this property tabling member printed
Caroline Flint more like this
star this property uin 216963 more like this
star this property answer
answer
star this property is ministerial correction true more like this
star this property date of answer less than 2014-12-10more like thismore than 2014-12-10
unstar this property answer text <p><del class="ministerial">Copies of the data requested in Question 215252 have now been placed in the Libraries of the House.</del></p><p><ins class="ministerial">DECC do not produce monthly estimates of retail energy prices.</ins><ins class="ministerial"> </ins></p><p> </p><p> </p> more like this
star this property answering member constituency West Suffolk more like this
star this property answering member printed Matthew Hancock more like this
star this property question first answered
less than 2014-12-10T13:47:00.763Zmore like thismore than 2014-12-10T13:47:00.763Z
star this property question first ministerially corrected
less than 2015-01-08T17:00:29.997Zmore like thismore than 2015-01-08T17:00:29.997Z
star this property answering member
4070
star this property label Biography information for Matt Hancock more like this
star this property previous answer version
32666
star this property answering member constituency West Suffolk more like this
star this property answering member printed Matthew Hancock more like this
star this property answering member
4070
star this property label Biography information for Matt Hancock more like this
star this property tabling member
389
unstar this property label Biography information for Caroline Flint more like this
222480
star this property registered interest false more like this
star this property date less than 2015-02-20more like thismore than 2015-02-20
star this property answering body
Department for Energy and Climate Change more like this
star this property answering dept id 63 more like this
star this property answering dept short name Energy and Climate Change more like this
star this property answering dept sort name Energy and Climate Change more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the Rate of Return on Equity for each of the Distribution Network Operators under Distribution Price Control Review 5. more like this
star this property tabling member constituency Rutherglen and Hamilton West more like this
star this property tabling member printed
Tom Greatrex more like this
star this property uin 224816 more like this
star this property answer
answer
star this property is ministerial correction true more like this
star this property date of answer less than 2015-02-25more like thismore than 2015-02-25
unstar this property answer text <p>Ofgem are responsible for regulating the electricity Distribution Network Operators (DNOs) and the setting of the price control review. Ofgem’s latest estimate for the Rate of Return on Equity for each of the DNOs is in the attached table which covers the years 2010-11 to 2013-14. The last year of Distribution Price Control Review 5 (2014-15) is still on-going.</p><p> </p><p> </p><p> </p> more like this
star this property answering member constituency West Suffolk more like this
star this property answering member printed Matthew Hancock more like this
star this property question first answered
less than 2015-02-25T13:09:44.143Zmore like thismore than 2015-02-25T13:09:44.143Z
star this property question first ministerially corrected
less than 2015-03-03T09:58:49.2Zmore like thismore than 2015-03-03T09:58:49.2Z
star this property answering member
4070
star this property label Biography information for Matt Hancock more like this
star this property attachment
1
star this property file name Copy of RORE DNOs Excel.xlsx more like this
star this property title Rate of Return on Equity for DNOs 2010-1 to 2013-4 more like this
star this property previous answer version
46378
star this property answering member constituency West Suffolk more like this
star this property answering member printed Matthew Hancock more like this
star this property answering member
4070
star this property label Biography information for Matt Hancock more like this
star this property tabling member
4047
unstar this property label Biography information for Tom Greatrex more like this
101375
star this property registered interest false more like this
star this property date less than 2014-10-28more like thismore than 2014-10-28
star this property answering body
Department for Energy and Climate Change more like this
star this property answering dept id 63 more like this
star this property answering dept short name Energy and Climate Change more like this
star this property answering dept sort name Energy and Climate Change more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Energy and Climate Change, what recent discussions he has had with Ofgem on the pricing structure of the energy industry. more like this
star this property tabling member constituency Birmingham, Selly Oak more like this
star this property tabling member printed
Steve McCabe more like this
star this property uin 212185 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-11-04more like thisremove minimum value filter
unstar this property answer text <p>I have met Ofgem recently to discuss a range of issues related to energy markets.</p> more like this
star this property answering member constituency West Suffolk more like this
star this property answering member printed Matthew Hancock more like this
star this property question first answered
less than 2014-11-04T15:45:54.0825756Zmore like thismore than 2014-11-04T15:45:54.0825756Z
star this property answering member
4070
star this property label Biography information for Matt Hancock more like this
star this property tabling member
298
unstar this property label Biography information for Steve McCabe more like this
1020785
star this property registered interest false more like this
star this property date less than 2018-12-07more like thismore than 2018-12-07
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that the UK has the lowest energy prices in the EU. more like this
star this property tabling member constituency Scunthorpe more like this
star this property tabling member printed
Nic Dakin more like this
star this property uin 200123 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-12-17more like thismore than 2018-12-17
unstar this property answer text <p>The Government has taken a range of actions to reduce the cost of energy – including protecting 11 million households from poor value energy tariffs through the introduction of a price cap, and providing a package of relief for energy intensive industries worth over £850 million since 2013, supplemented by the announcement of a £315 million Industrial Energy Transformation Scheme at the Budget.</p><p> </p><p>In his speech of 15th November (available on gov.uk), my rt. hon. Friend the Secretary of State for Business, Energy and Industrial Strategy set out his strategic approach to ensure consumers get a fair deal for their energy, while opening up the market to competition.</p> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property grouped question UIN 200119 more like this
star this property question first answered
less than 2018-12-17T16:22:04.99Zmore like thismore than 2018-12-17T16:22:04.99Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
4056
unstar this property label Biography information for Nic Dakin more like this
1037078
star this property registered interest false more like this
star this property date less than 2019-01-07more like thismore than 2019-01-07
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department monitors the (a) difference in and (b) reasons for the difference in industrial energy prices between the UK and its competitors to enable informed policy making. more like this
star this property tabling member constituency Newport East more like this
star this property tabling member printed
Jessica Morden more like this
star this property uin 205864 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-01-10more like thismore than 2019-01-10
unstar this property answer text <p>BEIS publishes statistics on international energy price comparisons[1]. These show that for the UK, industrial gas prices are among the lowest in the EU-15 but industrial electricity prices have risen to be the most expensive for large and extra-large users of electricity.</p><p>The Government is committed to minimising energy costs for businesses to ensure our economy remains strong and competitive. Higher industrial electricity prices in the UK partly reflect how the costs of the electricity system are distributed across household and industrial customers. For example, while very large German industrial users pay electricity prices that are lower than those in the UK, German households faced electricity prices that were 68 per cent higher than UK households in 2017.</p><p>In his recent energy speech, my rt. hon. Friend the Secretary of State set out the importance of a fair distribution of costs and the principles that are intended to deliver policies that will lower the costs of the electricity system permanently. Further details will be set out in a White Paper this year.</p><p>The Budget on 29 October 2018 announced that £315 million is being provided for an Industrial Energy Transformation Fund to support industrial energy efficiency and decarbonisation projects to bring energy costs down for vital industries, including the steel sector.</p><p>The Government also continues to reduce the cumulative impact of energy and climate change policies on industrial electricity prices for key energy intensive industries. This includes a package of relief for these industries worth over £850 million since 2013, reducing the indirect cost of energy and climate change policies on their energy bills by up to 80 per cent.</p><p> </p><p>[1] <a href="https://www.gov.uk/government/statistical-data-sets/international-industrial-energy-prices" target="_blank">https://www.gov.uk/government/statistical-data-sets/international-industrial-energy-prices</a></p>
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-01-10T16:58:26.047Zmore like thismore than 2019-01-10T16:58:26.047Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
1548
unstar this property label Biography information for Jessica Morden more like this
1037279
star this property registered interest false more like this
star this property date less than 2019-01-08more like thismore than 2019-01-08
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What steps he is taking to support people with the cost of household energy bills. more like this
star this property tabling member constituency Southend West more like this
star this property tabling member printed
Sir David Amess more like this
star this property uin 908450 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-01-08more like thismore than 2019-01-08
unstar this property answer text <p>Last week this Government delivered on its promise to cap energy prices.</p><p> </p><p>It now protects over 11 million households, ensuring the energy market works for all customers and saving consumers up to around £130 a year.</p><p> </p><p>We continue to invest at least £640m in energy efficiency annually until 2028 and are also delivering on our smart meter programme.</p> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-01-08T15:30:32.077Zmore like thismore than 2019-01-08T15:30:32.077Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
44
unstar this property label Biography information for Sir David Amess more like this
1037815
star this property registered interest false more like this
star this property date less than 2019-01-08more like thismore than 2019-01-08
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the effect on the energy bills of consumers of domestic energy suppliers ceasing trading. more like this
star this property tabling member constituency Coventry South more like this
star this property tabling member printed
Mr Jim Cunningham more like this
star this property uin 206232 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-01-14more like thismore than 2019-01-14
unstar this property answer text <p>In the event of an energy supplier insolvency, the Supplier of Last Resort (SoLR) process allows a quick transfer of customers to another supplier appointed by Ofgem and ensures credit balances are protected.</p><p> </p><p>As a result of the competitive SoLR processes, successful suppliers have agreed to absorb a proportion of the costs of the process and claim some of the remaining costs via the industry-wide SoLR levy. The amount claimed through the levy will vary depending on the terms of the successful SoLR bid and other factors such as number of customers and how much credit they have built up. It takes time for the extent of some SoLR-related costs to become clear and Ofgem consult with industry and interested parties before any levy claim decision is taken.</p> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-01-14T17:48:14.327Zmore like thismore than 2019-01-14T17:48:14.327Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
308
unstar this property label Biography information for Mr Jim Cunningham more like this
1041684
star this property registered interest false more like this
star this property date less than 2019-01-15more like thismore than 2019-01-15
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 14 January 2017 to Question 206232 on Energy: Prices, what estimate he has made of the total cost incurred by (a) the public purse and (b) other energy suppliers as a result of the transfer of customers of domestic energy suppliers who cease trading through the Supplier of Last Resort process in each year since 2010. more like this
star this property tabling member constituency Coventry South more like this
star this property tabling member printed
Mr Jim Cunningham more like this
star this property uin 208752 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-01-21more like thismore than 2019-01-21
unstar this property answer text <p>A Supplier of Last Resort (SoLR) appointed through a competitive process may make a claim to recover some of the costs they incur via an industry-wide levy. None of the levy costs are met by the public purse. The recovery of any tax arrears in an insolvency is a matter for the administrators and HMRC.</p><p> </p><p>The Department is not able to make estimates of the expected costs as a result of the SoLR process. The costs of an insolvency will depend on the circumstances of each case and variables such as the number of customers, the short term costs of ensuring they continue to be supplied with energy, the settlement of customer bills and the costs absorbed by the incoming supplier. It is for Ofgem, as the expert regulator, to scrutinise the costs in any levy claim and to consult with industry and interested parties before any decision is taken to use the levy.</p> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-01-21T15:26:09.707Zmore like thismore than 2019-01-21T15:26:09.707Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
308
unstar this property label Biography information for Mr Jim Cunningham more like this
1064677
star this property registered interest false more like this
star this property date less than 2019-02-21more like thismore than 2019-02-21
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Energy: Prices remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the cap on energy bills from 1 January 2019 was revised upwards; and what steps his Department is taking to ensure that the new cap will not change at six weekly intervals. more like this
star this property tabling member constituency Kingston upon Hull West and Hessle more like this
star this property tabling member printed
Emma Hardy more like this
star this property uin 224365 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-02-27more like thismore than 2019-02-27
unstar this property answer text <p>The Domestic Gas and Electricity (Tariff Cap) Act states that Ofgem, the independent regulator, must update the level of the cap at least every 6 months. Ofgem have scheduled 6 monthly revisions each April and October. Ofgem is responsible for adjusting the cap level to reflect changes to the estimated costs of supplying electricity and gas to homes for the following 6 months.</p> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-02-27T13:30:40.603Zmore like thismore than 2019-02-27T13:30:40.603Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
4645
unstar this property label Biography information for Emma Hardy more like this