asked the Minister of Power what have been the total losses, and the capital expenditure in the coal, gas and electricity industries since nationalisation, respectively; and what has been the increase in price per unit charged for their services.
The information, which relates to the periods between the respective vesting dates and the end of 1964–65 financial year, is as follows:
Coal
The accumulated deficit was £91 million. The cost of assets acquired, less disposals, was £1,204 million. Average proceeds per ton increased from 40s. 3d. to 91s. 8d.
Gas
Total disposable surpluses were £60 million. Expenditure on fixed assets amounted to £849 million. The average price realised increased from 12·98d. (in 1950) to 22·61d. per therm.
Electricity ( Great Britain)
Total surpluses were £384 million. Expenditure on fixed assets, including initial charges on nuclear fuel, was £4,851 million. Average revenue per unit sold increased from 1·176d. to l·637d.