Ofgem, as the independent energy regulator, uses the price control process to set the amount that Network Operators can spend and the returns that 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>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2022-11-23", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "87860"} , {"_value" : "87861"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-23T17:10:29.167Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Prices"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made a recent assessment of the potential relationship between consumer energy costs and the profits made by distribution network operators.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4396", "label" : {"_value" : "Biography information for Rebecca Long Bailey"} } , "tablingMemberConstituency" : {"_value" : "Salford and Eccles"} , "tablingMemberPrinted" : [{"_value" : "Rebecca Long Bailey"} ], "uin" : "87859"} , {"_about" : "http://data.parliament.uk/resources/1542244", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542244/answer", "answerText" : {"_value" : "
Ofgem, as the independent energy regulator, uses the price control process to set the amount that Network Operators can spend and the returns that 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>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2022-11-23", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "87859"} , {"_value" : "87861"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-23T17:10:29.2Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Prices"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has had recent discussions with Ofgem on the distribution network operator pricing consultation entitled Network Price Controls 2021-2028 RIIO-2; and if he will make an assessment of the potential merits of reopening the consultation.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4396", "label" : {"_value" : "Biography information for Rebecca Long Bailey"} } , "tablingMemberConstituency" : {"_value" : "Salford and Eccles"} , "tablingMemberPrinted" : [{"_value" : "Rebecca Long Bailey"} ], "uin" : "87860"} , {"_about" : "http://data.parliament.uk/resources/1542245", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542245/answer", "answerText" : {"_value" : "
Ofgem, as the independent energy regulator, uses the price control process to set the amount that Network Operators can spend and the returns that 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>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2022-11-23", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "87859"} , {"_value" : "87860"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-23T17:10:29.23Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy: Price Caps"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made a recent assessment of the potential merits of (a) capping and (b) further regulating the profits of distribution network operators.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4396", "label" : {"_value" : "Biography information for Rebecca Long Bailey"} } , "tablingMemberConstituency" : {"_value" : "Salford and Eccles"} , "tablingMemberPrinted" : [{"_value" : "Rebecca Long Bailey"} ], "uin" : "87861"} , {"_about" : "http://data.parliament.uk/resources/1519443", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1519443/answer", "answerText" : {"_value" : "
Like any commercial credit agreement, Bounce Back Loans are reported by lenders to credit reference agencies, and will be recorded on a borrower\u2019s business credit file. Where a borrower goes into default, this will be reported to credit rating agencies and may impact a borrower\u2019s ability to access credit in the future.<\/p>
<\/p>
Creditworthiness assessments are ultimately an internal matter for lenders, and it would not be appropriate for the Government to comment on these decisions.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4812", "label" : {"_value" : "Biography information for Dean Russell"} } , "answeringMemberConstituency" : {"_value" : "Watford"} , "answeringMemberPrinted" : {"_value" : "Dean Russell"} , "dateOfAnswer" : {"_value" : "2022-10-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-10-18T16:46:17.127Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-10-10", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business: Loans"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of reports that businesses have had loan applications refused due to their credit histories detailing applications for governmental covid-19 Bounce Back Loans.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4396", "label" : {"_value" : "Biography information for Rebecca Long Bailey"} } , "tablingMemberConstituency" : {"_value" : "Salford and Eccles"} , "tablingMemberPrinted" : [{"_value" : "Rebecca Long Bailey"} ], "uin" : "59823"} , {"_about" : "http://data.parliament.uk/resources/1519663", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1519663/answer", "answerText" : {"_value" : "
The UK only supports sustainable biomass use which can deliver genuine greenhouse gas emissions savings compared to fossil materials. The regulator Ofgem is responsible for auditing the sustainability of biomass used by electricity generators which receive support under the Renewables Obligation. Ofgem routinely checks whether the sustainability criteria have been met by generators.<\/p>
<\/p>