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Household Bills

Volume 566: debated on Thursday 11 July 2013

In the past few months, coal imports have risen sharply again. That creates questions about the future security of energy supplies. Does that not imply that there will be upward pressure on household bills over and above what is there already?

No, it does not, because of the actions of this Government. The fact that we have made the announcements we have on the capacity market will ensure that the supply is there. If we had not made those announcements, there was a danger that wholesale prices would go up and peak at times of low margins, hitting consumers. The fact that we have taken action shows that we are on the consumer’s side.