Business question from Elliot Morley (Labour) in the House of Commons on Thursday, 6 March 2008. It occurred during Business statement on Business of the House.
Business of the House
My right hon. and learned Friend will be aware that concern has been expressed about the dramatic rise in energy prices for electricity and gas. My constituent, Mr. Peter Seaman, recently came to see me to say that apart from the significant rise in base prices, changes in the structure of tariffs had resulted in a 44 per cent. increase in some of the tariffs in his bill. May we have time for a debate on those issues, recognising that although oil prices have risen—something that has underpinned this process—there have been other changes, such as a big increase in the profits of electric companies? Ofgem estimates that those companies will make a potential £1 billion windfall profit due to the fact that they got carbon credits and did not pay for them.
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c1918;472 c1916
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Energy supply Electricity Prices
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 02:22:47 +0000
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