7 May 2024
Energy Social Tariffs

I welcome that, following rapid increases in wholesale energy prices, the Government has taken action to protect the most vulnerable. Between 2022-25, the Government is delivering a Cost of Living support package worth £108 billion, or £3,800 per household on average.

In 2023-24, millions of vulnerable households were supported with up to £900 in Cost of Living Payments. Moreover, despite the Quarter 2 2024 Ofgem price cap falling nearly 60 per cent since its 2023 peak, the Government has supported households past April by cutting National Insurance, uprating benefits, and increasing the National Living Wage.

Additionally, as set out at the Autumn Statement 2022, the Government is working with consumer groups and industry to consider the best approach to consumer protection in energy markets, as part of wider retail market reforms. I understand that a variety of options, including social tariffs, are under consideration. As set out in the Energy Security Strategy, the Government will continue to ensure that energy is affordable for all consumers.

Unmetered Tariffs -

I read the petition for unmetered tariffs with interest and understand the Government is considering potential options, including discounted tariffs, for a new approach to consumer protection in energy markets that as part of wider retail market reforms. As part of this work, the Government is working with disability organisations, assessing the need for specific support for vulnerable people.