Source · Select Committees · Business, Innovation, Science and Trade Committee

Recommendation 33

33 Paragraph: 141

The Energy Bill [HL], which was introduced to Parliament on 6 July 2022, included provisions...

Conclusion
The Energy Bill [HL], which was introduced to Parliament on 6 July 2022, included provisions to extend the energy price beyond 2023, but it will not change how the price cap functions. Neither the Government nor Ofgem has undertaken an evaluation of Energy pricing and the future of the energy market 79 its costs and benefits, nor considered alternative forms of price protection, including a social tariff which could provide deeper price protection for vulnerable, fuel poor and low income households.
Paragraph Reference: 141
Government Response

A response document is linked to this report, dated 13 October 2022. Response attribution to this conclusion has not been verified. Read the response document ↗