Charlie Elphicke
Main Page: Charlie Elphicke (Independent - Dover)(10 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text
Mr Davey
I accept that we need to look at the electricity generating market. One of the reasons we support Ofgem’s proposals, which this week it was announced will go forward on 31 March, is that they will contest the vertical integration model for the first time. Again, it is this Government who are challenging the structures we inherited from the previous Government. We are allowing the competition authorities and regulators to take that contest forward, but the Labour party is saying that it must be against the consumer interest, yet it has no real evidence for that.
Charlie Elphicke (Dover) (Con)
Does the Secretary of State agree that the high prices we see are not purely the result of the oligopoly set up by the previous Government, and that policy and energy mix are also important? To that extent, has he compared prices in Germany with those in the UK?
Mr Davey
There are a number of international comparisons on that basis, and the UK performs very well, by and large, particularly on post-tax analysis of domestic gas and electricity prices. But we should not be complacent; we should do everything we can to help customers and businesses with high energy bills.