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answer › answer text	%3Cp%3EOfgem uses the price control process to set the amount that Network Operators can spend and the returns they can make on investment, in a way that allows the funding needed for a more resilient, low-carbon network while protecting consumers from excessive costs. The Government engages regularly with Ofgem and the network companies throughout the development of the price controls. The next electricity distribution network price control will commence in April 2023, with Final Determinations from Ofgem expected shortly.%3C/p%3E
answering dept id	201
tabling member constituency	East Dunbartonshire

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Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1541545

registered interest

date

11/11/2022

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Energy: Profits

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of (a) capping or (b) greater regulation of the profits of Distribution Network Operators to help give consumers greater confidence in the equity of energy bills.

tabling member constituency

East Dunbartonshire

tabling member printed

Amy Callaghan

uin

85021

answer

is ministerial correction

date of answer

23/11/2022

answer text

<p>Ofgem uses the price control process to set the amount that Network Operators can spend and the returns they can make on investment, in a way that allows the funding needed for a more resilient, low-carbon network while protecting consumers from excessive costs. The Government engages regularly with Ofgem and the network companies throughout the development of the price controls. The next electricity distribution network price control will commence in April 2023, with Final Determinations from Ofgem expected shortly.</p>

answering member constituency

Beverley and Holderness

answering member printed

Graham Stuart

question first answered

23/11/2022 17:00:17

answering member

1482

	label	Biography information for Graham Stuart

tabling member

4770

	label	Biography information for Amy Callaghan