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1541545
registered interest false more like this
date less than 2022-11-11more like thismore than 2022-11-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Energy: Profits more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency East Dunbartonshire remove filter
tabling member printed
Amy Callaghan more like this
uin 85021 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2022-11-23more like thismore than 2022-11-23
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> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart more like this
question first answered
less than 2022-11-23T17:00:17.69Zmore like thismore than 2022-11-23T17:00:17.69Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4770
label Biography information for Amy Callaghan more like this