Electricity: Prices
Commons · Question 118339 · Tabled 5 Mar 2026 · Department for Energy Security and Net Zero · Official record
Answered 13 Mar 2026
Question
Asked by Euan Stainbank
To ask the Secretary of State for Energy Security and Net Zero, what conversations he has had with OFGEM about the withdrawal of time-of-use tariffs by some energy providers.
Answer
Answered by Martin McCluskey, 13 Mar 2026
The pricing and availability of tariffs is a matter for suppliers and Ofgem as the independent regulator. At times of extreme volatility in global energy markets suppliers may alter their approach to pricing and tariffs as part of their commercial risk ma...