Electricity Generation: Taxation
Commons · Question 129581 · 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 her Department’s press release entitled Decisive action to break influence of gas on electricity prices, published on 21 April 2026, what estimate she has made of the additional revenue raised thro
Answer
Answered by Dan Tomlinson, 28 Apr 2026
Revenues raised by the rate increase, that takes effect from 1 July 2026, will depend on gas prices in future months. The OBR will score this in the usual way in the Autumn.