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Answer
Written answer
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HD2Ie9vA
answer has answering person
Michael Fallon
answer text
<p>The Government published updated cost estimates during the consultation on the exemption eligibility for contracts for difference costs—this consultation closed at the end of August. Dependent on its final design, the average impact of the exemption on domestic household electricity bills is estimated at an average of £0.90 to £2.30 per year for the period 2016 to 2020 in 2012 prices. The actual cost will be dependent on a number of factors, including realised contracts for difference support costs, electricity demand and the final design and scope of the exemption.</p><p>Link:</p><p>Electricity Market Reform: consultation—eligibility for an exemption from the costs of 'Contracts for Difference'—updated cost estimates:</p><p>https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/232224/bis-13-1137-electricity-market-reform-eligibility-for-exemption-from-the-costs-of-contracts-for-difference-updated-cost-estimates.pdf</p>
answer given date
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Department of Energy and Climate Change
written answer has answering body
Department of Energy and Climate Change
Department of Energy and Climate Change
answering body has written answer
eWrd7uTE
answering body has answer
eWrd7uTE
HD2Ie9vA
question has answer
eWrd7uTE
Michael Fallon
answering person has answer
eWrd7uTE