Fuel Oil: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what discussions he has had with Cabinet colleagues on the price of home heating oil in a) Newcastle-under-Lyme and b) Staffordshire.
Answered by Martin McCluskey
We understand that heating oil pricing is a significant issue for households. The Secretary of State and The Minister for Energy have been closely engaging with their counterparts across Government on heating oil prices, including with the Treasury and Devolved Governments. These discussions have been focussed on UK-wide prices of heating oil.
The Secretary of State has written to the industry reminding heating oil distributors of their commitments under the UKIFDA Code of Practice, including the need for fair, transparent and justifiable pricing.
Following discussions with the Competition and Markets Authority, the CMA are launching a comprehensive examination of the heating oil industry. We will work closely with the CMA to understand findings and develop options to increase consumer protections in this sector.
For the most vulnerable households, £27m in support is being provided to England, which will be distributed by Local Authorities via the Crisis and Resilience Fund.
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