To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 26 April 2024 to Question 23316, whether energy charges by suppliers to consumers include debt servicing.
Answered on
1 May 2024
The setting of tariffs is a commercial matter for each energy supplier. However, in setting the level of the Default Tariff Cap Ofgem include an allowance for servicing consumer debt. This allowance is intended to enable suppliers to recover reasonable costs incurred for servicing consumer debt and ensure that suppliers can offer consumers an appropriate level of support in managing their debts, whilst ensuring the retail energy market remains resilient.
Answered by
Department for Energy Security and Net Zero
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