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830183

registered interest
date	24/01/2018
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: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 16 January 2018 to Question 122980, what assessment his Department has made of the cost that is likely be incurred by energy companies in challenging Ofgem’s decision on the setting of the cap by way of judicial review in comparison with the cost that is incurred by energy companies in appealing to the Competition and Markets Authority.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	124844
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>The draft Bill would place specific objectives on Ofgem to have regard to a number of factors when setting the price cap, including the need to ensure that energy suppliers who operate efficiently are able to finance their activities. The Bill also provides for Ofgem to consult on the setting of the cap. The Government is not in a position to assess or comment on the likely costs that might be incurred by third parties in relation to hypothetical legal challenges.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 30/01/2018 15:48:42 answering member 3974 label Biography information for Claire Perry previous answer version 37887 answering member constituency Devizes answering member printed Claire Perry answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

830184

registered interest
date	24/01/2018
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: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 23 January 2018 to Question 122977, which countries that regulate retail energy prices were considered by his Department prior to publishing the draft Domestic Gas and Electricity (Tariff Cap) Bill.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	124845
answer	answer is ministerial correction date of answer 30/01/2018 answer text <p>A number of countries where there were or had been price interventions in the energy sector have been looked at, including Canada, USA, Spain and New Zealand. However, their markets were not previously liberalised, or had only recently been liberalised, which is very different to the situation in Great Britain.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 30/01/2018 15:50:17 answering member 3974 label Biography information for Claire Perry previous answer version 37888 answering member constituency Devizes answering member printed Claire Perry answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823506

registered interest
date	16/01/2018
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: Price Caps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department made an assessment of the operation of energy price caps in other countries prior to publishing the draft Domestic Gas and Electricity (Tariff Cap) Bill.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122977
answer	answer is ministerial correction date of answer 23/01/2018 answer text <p>Many countries in the world regulate retail energy prices, but unlike Great Britain their markets were not previously liberalised. The Government is clear that the price cap should be temporary and that, in setting the cap, Ofgem must regard must be given to, among other things, the need to protect consumers and ensure that efficient suppliers can finance their activities.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 23/01/2018 13:49:33 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823507

registered interest
date	16/01/2018
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: Price Caps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the impact assessment for the draft Domestic Gas and Electricity (Tariff Cap) Bill does not include quantitative data on the effect of a price cap on (a) investment in the energy sector and (b) customers.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122978
answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>As set out in the Impact Assessment for the draft Bill, the costs and benefits will depend on the detailed methodology the independent regulator Ofgem adopts to set the level of a tariff cap. The Government does not wish to prejudice the deliberations of Ofgem’s work in establishing the methodology, and has therefore not included quantified analysis of the costs and benefits in the Impact Assessment, but has included a qualitative discussion.</p><p> </p> answering member constituency Devizes answering member printed Claire Perry question first answered 19/01/2018 14:45:51 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823508

registered interest
date	16/01/2018
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: Price Caps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to make available quantitative data on the effect of a price cap on (a) investment in the energy sector and (b) customers before the Domestic Gas and Electricity (Tariff Cap) Bill is introduced into Parliament.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122979
answer	answer is ministerial correction date of answer 22/01/2018 answer text <p>As set out in the Impact Assessment for the draft Bill, the costs and benefits will depend on the detailed methodology the independent regulator Ofgem adopts to set the level of a tariff cap. The Government does not wish to pre-judge Ofgem’s work in establishing the methodology by including quantified analysis of the costs and benefits in the Impact Assessment.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 22/01/2018 13:22:00 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823509

registered interest
date	16/01/2018
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: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the draft Domestic Gas and Electricity (Tariff Cap) Bill proposes to remove the right of energy companies to appeal to the Competition and Markets Authority.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122980
answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>The draft Bill would place a new duty on Ofgem to implement a cap on standard variable and default tariffs, so it does not remove an existing right of appeal.</p><p> </p><p>Energy companies would be able to challenge Ofgem’s decision on the setting of the cap by way of judicial review, and the Government believes that a Court is capable of considering these matters.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 19/01/2018 14:43:45 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823510

registered interest
date	16/01/2018
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: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the effect of removing the right for energy companies to appeal to the Competition and Markets Authority under the draft Domestic Gas and Electricity (Tariff Cap) Bill on the ability of energy suppliers to (a) formulate business plans and (b) invest in the UK energy market.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122981
answer	answer is ministerial correction date of answer 24/01/2018 answer text <p>The draft Bill would place a new duty on Ofgem to implement a cap on standard variable and default tariffs, and provides a bespoke power for Ofgem to implement the price cap through an amendment to the licence conditions. Energy companies would be able to appeal an Ofgem decision on whether to proceed with the licence modification by way of judicial review. It does not remove an existing right of appeal.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 24/01/2018 16:17:15 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823512

registered interest
date	16/01/2018
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: Price Caps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the draft Domestic Gas and Electricity (Tariff Cap) Bill proposes to vest in him rather than Ofgem the power to remove the energy price cap in 2020 or to allow it to be extended.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122982
answer	answer is ministerial correction date of answer 24/01/2018 answer text <p>The decision to implement a price cap will be made by Parliament approving a Government Bill on a matter that was a manifesto commitment. It is right for Government to decide whether the price cap would remain in place, after a report and recommendation from Ofgem.</p><p> </p> answering member constituency Devizes answering member printed Claire Perry question first answered 24/01/2018 16:10:48 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823513

registered interest
date	16/01/2018
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: Price Caps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons the draft Domestic Gas and Electricity (Tariff Cap) Bill proposes to require Ofgem to review the energy price cap once a year from 2020 rather than keeping the price cap under constant review.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122983
answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>The review in 2020, and in 2021 and 2022 if the cap remains in place, will inform Ofgem’s report on whether the conditions for effective competition are in place, and Ofgem’s recommendation. This will inform the Secretary of State’s decision on whether the cap should remain in force.</p><p> </p><p>It would not be practicable to keep the need for the price cap under constant review, however, in designing the method for setting the level of the price cap we would expect that Ofgem would need to consider how to take account of relevant short-term changes in the market.</p><p> </p> answering member constituency Devizes answering member printed Claire Perry question first answered 19/01/2018 14:45:10 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies

823514

registered interest
date	16/01/2018
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: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the proposed provisions of the draft Domestic Gas and Electricity (Tariff Cap) Bill would permit him to remove the energy price cap in the event that such a removal would have a deleterious effect on (a) competition in the energy market and (b) energy customers.
tabling member constituency	Fylde
tabling member printed	Mark Menzies
uin	122984
answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>Ofgem would set the level of the price cap in a way such that, amongst other things, it would maintain incentives for switching and enable effective competition. The price cap would be lifted once the conditions for effective competition are in place in accordance with the process in clause 6.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 19/01/2018 14:44:28 answering member 3974 label Biography information for Claire Perry
tabling member	3998 label Biography information for Mark Menzies