Research Briefing
Energy Prices Bill 2022–23
The Energy Prices Bill would enact several policies the government announced in September 2022 to reduce the cost of energy for consumers. The bill would put in place the ‘energy price guarantee’, which would limit the cost of electricity and gas per unit for domestic consumers. This was initially planned to run for two years, however on 17 October 2022 the government announced it would be reduced to six months. The bill is scheduled to have its second reading in the House of Lords on 19 October 2022.