Heat Networks: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to mitigate the exposure of heat network consumers to volatility in wholesale gas markets, given they are not protected by a domestic price cap.
Answered by Martin McCluskey
Heat network operators buy the energy they need to provide heat to domestic consumers through commercial contracts.
The Department and Ofgem are actively monitoring the contract prices paid by heat network operators since the Middle Eastern crisis started and considering all options available to mitigate higher prices.
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