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Proceeding contribution from James Wild (Conservative) in the House of Commons on Wednesday, 1 July 2026. It occurred during Debate on bill on Taxation (Energy and Vehicles) Bill.


Taxation (Energy and Vehicles) Bill

Given that the levy kicks in from today and the Minister said that the consultation will be published before the end of the year, six months henceforth, and then legislation will have to go through, are the Government considering any backdating provision? If a company generator wanted to go into one of these wholesale CfDs, doing so would allow it to have that backdated; at the moment, it would not have the option to go into the wholesale and will just be hit with the higher levy.


Secondary information

Type
Proceeding contribution
Reference
788 c954 
Session
2026-27
Chamber / Committee
House of Commons chamber
Subjects
Consumers Employment Electricity generation Energy supply Excise duties Large goods vehicles Fuels Protection Natural gas Prices Tax rates and bands Uprating Mileage allowances
Legislation
Taxation (Energy and Vehicles) Bill 2026-27
Link
View this Proceeding contribution on hansard.parliament.uk