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Business: Energy

Question for Department for Business, Energy and Industrial Strategy

UIN HL2188, tabled on 5 September 2022

To ask Her Majesty's Government what steps they are taking to increase regulation of the energy market for businesses.

Answered on

23 September 2022

The business supply market benefits from greater diversity because it is less regulated than the domestic market. It is important to strike the right balance to assist businesses.

On 8th September the Prime Minister announced a new six-month scheme – the Energy Price Guarantee for Businesses (EPGB) – to protect all businesses and other non-domestic energy users from soaring energy costs. It will offer comparable support to that being provided for consumers and we expect the scheme to be available in the autumn.