Energy: Meters
The question
To ask the Secretary of State for Energy Security and Net Zero, if he will take steps to ensure that people on a prepayment meter pay no more for energy than those on a contract.
Answered by Miatta Fahnbulleh
The setting of prices for customers on a prepayment meter or on a fixed contract is a commercial matter for energy suppliers. The Ofgem price cap for the period 1 October 2024 to 31 December was published in August, and the price cap level for prepayment meter customers is £1,669 compared to the level set for direct debit customers which is £1,717 for an average household.
More information can be found on the Ofgem webpage - https://www.ofgem.gov.uk/energy-policy-and-regulation/policy-and-regulatory-programmes/energy-price-cap-default-tariff-policy/energy-price-cap-default-tariff-levels.
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