Energy Bills

Christopher Pincher Excerpts

Monday 2nd December 2013 Commons Chamber

[Mr Davey]

Not only did I not say what the hon. Gentleman said I did, but that is not true. Fuel poverty programmes, such as the affordable warmth programme and the carbon saving community obligation, remain in place, remain at the same rate in each year, and are being continued for two more years, so this is more investment to tackle fuel poverty.

[Christopher Pincher (Tamworth) (Con)]

Within the next decade, we must invest £110 billion, probably more, in our energy infrastructure—the pipes, pylons and power stations—to keep our lights switched on. Does my right hon. Friend agree with energy experts and industry players that a freeze would jeopardise that investment, which would mean that the poor old taxpayers were even more hard-pressed because they would have to foot the bill?

[Mr Davey]

It would be worse than that: it would be the poor old consumers who did so, because the cost of capital would go up. There would also be a reduction in investment in green energy, which the Opposition claim to support, so the Opposition’s policy is both irresponsible and reckless.