Domestic Gas and Electricity (Tariff Cap) Act 2018

Key Points

• Creates a price cap on standard variable and default energy tariffs for domestic customers.
• Gives Ofgem powers to set, review and enforce the cap and to adjust it as needed.
• Designed as a temporary measure during energy market reform to protect households.
• The Act became law in 2018 after passing through Parliament and receiving Royal Assent.

Progress

The bill has completed its passage and received Royal Assent, making it law. It originated in the House of Commons and is now in force.

Voting

In the key report-stage vote on New Clause 1 (30 April 2018), 125 MPs voted Aye and 288 voted No. Labour MPs largely supported the bill, while Conservative MPs largely opposed (Conservatives 60 No). Other parties also opposed or did not record votes in this summary.