Proceeding contribution from Greg Clark (Conservative) in the House of Commons on Tuesday, 24 November 2009. It occurred during Queen's speech debate on Energy and Climate Change and Environment, Food and Rural Affairs.
Energy and Climate Change and Environment, Food and Rural Affairs
The hon. Gentleman asked a fair question. Clearly, if we are recovering costs through savings on people's energy bills and meter charges, there is a risk of default. That risk also applies to people paying their energy bills through the gas or electricity meter, and it is about 2 per cent. If we include that 2 per cent. default rate in the cost of the scheme, and spread it out for everyone, it is perfectly manageable and financeable. It can be managed without requiring a huge injection of public funds.
Secondary information
- Type
- Proceeding contribution
- Reference
- 501 c433
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Climate change Energy Electricity generation Energy supply Floods Property development Utilities Renewable energy Carbon emissions
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-22 00:23:07 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_596598
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