Electricity Generation: Taxation
Commons · Question 129580 · Tabled 23 Apr 2026 · Treasury · Official record
Answered 28 Apr 2026
Question
Asked by James McMurdock
To ask the Chancellor of the Exchequer, with reference to his Department’s press release entitled Decisive action to break influence of gas on electricity prices, published on 21 April 2026, what assessment she has made of the potential impact of increasi
Answer
Answered by Dan Tomlinson, 28 Apr 2026
The Government wants sustainable investment in renewable energy generation and therefore the Electricity Generator Levy (EGL) has strong protections for new investments, which are exempt from the levy. The government is accelerating the transition to clea...