AQO 3340/22-27 Oral question to the Minister for the Economy
To ask the Minister for the Economy to outline the support that can be provided to households impacted by the rising cost of oil and fuel.
Asked by David Honeyford MLA on 12 March 2026
- Answered
- Oral
- Tabled
- 12 March 2026
- Answer due by
- 23 March 2026
- Answered
- 23 March 202611 days after tabling
- Department
- Department for the Economy
- Priority question
- No
Answer
I am very concerned about the impact of the rise in heating oil prices here following the Israeli-led attacks on Iran. This is particularly effecting lower income and vulnerable households. Approximately 60% of our homes, more than half a million homes, use heating oil as their primary source of heating.
In recent weeks I have met heating oil, natural gas, National Energy Action, and wider business organisations to understand first-hand what cost pressures are in the market and the impact these are already having on lower income and vulnerable households and businesses.
I have pressed Minister Shanks and Minister McCluskey for urgent support for consumers, and I continue to do so, as the £17million confirmed on Monday 16 March is clearly inadequate to help those who are struggling with rising energy prices.
My officials have engaged with the Competition and Markets Authority, and I welcome its review into the conduct of oil suppliers, intermediaries and brokers, to ensure pricing reflects genuine cost pressures and that behaviour is consistent with consumer protection law.
Trading Standards plays a key role in protecting consumers from illegal trading practices, including unfair pricing, while supporting legitimate businesses. It also provides guidance to oil retailers on their obligations and advice to consumers on raising complaints.
The Consumer Council provides invaluable information for consumers by monitoring heating oil prices and publishing weekly average prices. Consumers are encouraged to use its website to compare suppliers and find information on oil buying clubs and Fuel Stamp schemes.