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house id	2
answering body	Department for Business, Energy and Industrial Strategy
min answer › question first answered	2019-05-15T12:39:20.147Z
uin	HL5264

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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 printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member printed

question first answered

answering member


label

tabling member


label

1582612

registered interest

date

31/01/2023

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

Electricity: Prices

house id

legislature

25277

	pref label	House of Lords

question text

To ask His Majesty's Government what plans they have (1) to reduce the standing charge on domestic household bills, and (2) to charge this to the recent profits announced by electricity distribution companies.

tabling member printed

Baroness McIntosh of Pickering

uin

HL5264

answer

is ministerial correction

date of answer

08/02/2023

answer text

The setting of the standing charge is a commercial matter for individual suppliers. Under the Price Cap, a supplier’s default and standard variable tariffs unit rate and standing charge together must not exceed the level of the cap set by Ofgem. The profits made by distribution network companies are regulated by Ofgem through the price control to ensure sufficient incentives for networks to deliver for consumers, whilst protecting consumers from high costs. The next price control begins in April, where returns for these companies will be set lower than previous price controls.

answering member printed

Lord Callanan

question first answered

08/02/2023 11:30:58

answering member

4336

	label	Biography information for Lord Callanan

tabling member

384

	label	Biography information for Baroness McIntosh of Pickering