A Bill to prohibit Ofgem from increasing the energy tariff cap above the level set for the period 1 April 2022 to 30 September 2022 before 31 December 2022; to require the Secretary of State to report to Parliament on the merits of the Government providing funding to energy providers to mitigate the impact of this measure and on the merits of extending and backdating the Energy Profits Levy in order to pay for such funding; to require the Secretary of State to report to Parliament on the merits of the Government providing grants to small businesses equivalent to 80% of the expected increase in their energy costs for the period 1 October 2022 to 30 September 2023, and on the merits of maintaining the rate of the Corporation Tax Surcharge on banks at 8% in order to fund such grants; and for connected purposes.
House of Commons
Ed DaveyLiberal Democrat
1 November 2023
May contain errors — check source documents for definitive information.
The bill would stop Ofgem from raising the energy price cap above the level that applied from 1 April 2022 to 30 September 2022 before the end of 2022. It also asks the government to publish reports on whether it should fund energy suppliers to cushion customers (potentially by extending and backdating the Energy Profits Levy) and on providing grants to small businesses to cover most of their energy cost increases (funded by keeping the bank surcharge at 8%).
The bill is at the first reading stage in the House of Commons; it has not yet progressed to a committee or further stages.
Generated 21 February 2026
6 Sept 2022
The 2022-2023 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.