To ask the Secretary of State for Business, Enterprise and Regulatory Reform what measure is used to calculate the annual uprating of the buyout price under the renewables obligation; and when the price will next be uprated. (181020)

Ofgem calculate the buy-out price on an annual basis to reflect changes in the retail prices index (RPI). The buy-out price for the renewables obligation for 2008-09 is £35.76 as announced by Ofgem on 28 January 2008.