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Motion · S6M-11462 · 27 Nov 2023

Energy Price Cap Review

Lodged by Pauline McNeill (Scottish Labour) Standard Motion 13 supporters

The motion

That the Parliament notes the announcement by Ofgem that the energy price cap will increase by 5% for the first quarter of 2024; understands that this represents a rise of £94 a year for the average household; believes that this is another disappointing development for millions of households that are having to absorb rising prices and mortgage rates; further believes that the energy price cap should be subject to six-monthly, rather than three-monthly, reviews to provide greater budget certainty for consumers, supplying them with lower bills for longer and allowing greater protection than they have under the current system; is concerned that these increases will push more households into financial hardship, and calls on Ofgem and the UK Government to review the price cap system to ensure that it provides a robust protection for all consumers, particularly vulnerable households.

Supporters (13)

Source: the Scottish Parliament motions and amendments record.