Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment her Department has made of the potential financial impact on households in Leicester East of Ofgem’s decision to increase the energy price cap to £1,935 for the period between October and December 2026.
Answered by Department for Energy Security and Net Zero
The Government recognises that any price rise is a concern for households, including in Leicester East. The latest increase in energy bills is driven by increased wholesale energy costs, particularly gas, due to the ongoing situation in the Middle East. This means families and businesses are still experiencing the effects of global fossil fuel markets and is why we are so focused on getting onto clean, homegrown power that we control.
The Government has already intervened to give households breathing space with the cost of living – cutting VAT on electricity bills and taking an average £150 of costs off bills at the Autumn budget.
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