Valerie Chairs Second Delegated Legislation Committee

I chaired the second Delegated Legislation Committee on Tuesday 14 April 2026: The Draft Energy Prices Act 2022 (Extension of Time Limit) Regulations 2026. 

The purpose of this instrument is to extend by six months (to October 2026) the power granted to the Secretary of State by the Energy Prices Act 2022 to give support for meeting energy costs. The  Government proposes to use this power to extend its ‘Renewable Obligation to Exchequer’ policy, by which it subsidises 75% of the cost of domestic energy suppliers meeting the Renewables Obligation.

The legislation was passed and the regulations will come into effect on 24 April 2026.