UK Parliament / Open data

Out-of-Turn Supplementary Estimates 2022-23

I thank the hon. Lady for her intervention. It is great that she mentions particular difficult cases with such passion. She will recognise that moving at speed to try to create something comparable for everyone, as we did, is challenging and complex. The purpose of the review is absolutely to look across the piece. We will continue to monitor the prices that people have to put up with, whether they are off grid or on communal heating networks, and we will also look to ensure that any future intervention is done in a way that is as fair and well informed as possible.

Through the energy price guarantee scheme, we are capping the price that consumers will pay for their electricity and gas bills, reducing the average household bill by about a third this winter and saving a typical household about £700. The scheme will run from October to March 2023. That is in addition to the £400 energy discount provided by the Government for all households through the energy bills support scheme. Support will be provided to non-domestic energy customers including businesses, charities, schools and hospitals through the energy bill relief scheme. That will provide a discount on non-domestic energy bills to protect against the significantly inflated wholesale gas and electricity prices that have affected non-domestic customers. That scheme will operate from October to March 2023 and provide an equivalent level of support to the domestic scheme.

The schemes, taken together, will provide essential support to families and businesses to see them through the winter. Looking beyond April, the Government cannot continue to be exposed to the volatility of wholesale gas and electricity prices. That would be unsustainable for both the taxpayer and the public finances. That is why the Government are committed to reviewing both the energy price guarantee scheme and the energy bill relief scheme to consider how we may support households and businesses over the longer term from April 2023.

Question put and agreed to.

Resolved,

That, for the year ending with 31 March 2023—

(1) for expenditure by the Department for Business, Energy and Industrial Strategy:

(a) further resources, not exceeding £60,176,000,000, be authorised for use for current purposes as set out in HC 794 of Session 2022-23, and

(b) a further sum, not exceeding £60,176,000,000, be granted to His Majesty to be issued by the Treasury out of the Consolidated Fund and applied for expenditure on the use of resources authorised by Parliament; and

(2) for expenditure by HM Treasury:

(a) further resources, not exceeding £11,175,000,000, be authorised for use for capital purposes as set out in HC 794 of Session 2022-23, and

(b) a further sum, not exceeding £11,175,000,000, be granted to His Majesty to be issued by the Treasury out of the Consolidated Fund and applied for expenditure on the use of resources authorised by Parliament.

Ordered, That a Bill be brought in upon the foregoing Resolution relating to Out-of-Turn Supplementary Estimates, 2022-23;

That the Chairman of Ways and Means, the Chancellor of the Exchequer, Edward Argar, Andrew Griffith, Richard Fuller and Felicity Buchan bring in the Bill.

Type
Proceeding contribution
Reference
721 c71 
Session
2022-23
Chamber / Committee
House of Commons chamber
Back to top