Source · Select Committees · Business and Trade Committee

Recommendation 44

44 Acknowledged Paragraph: 181

While the Government committed to publishing a Fairness and Affordability call for evidence over a...

Recommendation
While the Government committed to publishing a Fairness and Affordability call for evidence over a year ago, this is yet to materialise. This is a vital piece of work which will need to address how to allocate energy policy costs in a way that incentivises cost-effective decarbonisation while avoiding harmful impacts on vulnerable groups, particularly in the context of continuing rises in wholesale gas prices. It is also an important opportunity to review the impact that standing charges have on vulnerable customers, particularly those using prepayment meters.
Government Response Summary
Ofgem will share all available information on distributional effects of different policies with the Department and the Committee and intends to refresh the data used for distributional analysis, sharing updated assessments when available.
Paragraph Reference: 181
Government Response Acknowledged
HM Government Acknowledged
Ofgem will share all available information on distributional effects of different policies with the Department and the Committee and intends to refresh the data used for distributional analysis. All updated assessments will be shared with the Department and Committee when available.