Electricity: Prices
The question
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.
Answered by Martin McCluskey
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 management. Default tariffs remain available and are covered by the Price Cap, which has been confirmed and is now fixed for the period between April and end June 2026.
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