Oral Answers to Questions

Chris Ruane Excerpts

Tuesday 27th June 2017 Commons Chamber

[Emma Hardy (Kingston upon Hull West and Hessle) (Lab)]

11. What plans he has to implement an energy price cap.

[Chris Ruane (Vale of Clwyd) (Lab)]

22. What plans he has to implement an energy price cap.

[The Secretary of State for Business, Energy and Industrial Strategy (Greg Clark)]

Our manifesto said that

“we will introduce a safeguard tariff cap that will extend the price protection currently in place for some vulnerable customers to more customers on the poorest value tariffs.”

I stand by that commitment.

--- Later in debate ---

[Greg Clark]

I welcome the hon. Lady to the House; she follows a distinguished predecessor. I would perhaps invite her to reflect on her own party’s history in this matter—the former Leader of the Opposition was the Energy Secretary and failed to do anything whatever about it. I have been clear about the commitment that we have made, and we will see it through.

[Chris Ruane]

Imitation is the sincerest form of flattery. To misquote Caroline Aherne’s question to Debbie McGee, what first attracted the Secretary of State to Labour’s financially astute, socially just and politically responsible energy price cap?

[Greg Clark]

I welcome the hon. Gentleman back. What he describes as an energy price cap was launched as an energy price freeze. The problem with that was that as energy prices fell, consumers would be paying more than they needed to. That would have been disastrous for them, which is why the proposal that we have made, in response to the Competition and Markets Authority analysis, is a much more sensible approach than we got from Labour.