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Energy Bill

My Lords, the point being raised here is that the feed-in tariff will provide both certainty and likely additional income to those who are able to feed in. There will be a knock-on impact on costs and, therefore, on prices. As we know in relation to renewables generally, there is a knock-on impact. I think that that is part of the balance and the price which has to be paid to meet our renewables target. However, we need to do more work on the actual costings, and we will try to do it as quickly as possible. The point that I was trying to make to my noble friend Lord O’Neill was that there is also a question of equity here. I think that it presents a real challenge to the companies—a challenge to which we will continually return.