Heating Oil Support Debate
Full Debate: Read Full DebateDepartment: Department for Energy Security & Net Zero
Claire Young
Main Page: Claire Young (Liberal Democrat - Thornbury and Yate)Department Debates - View all Claire Young's debates with the Department for Energy Security & Net Zero
(1 day, 9 hours ago)
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Martin McCluskey
I thank my hon. Friend for her comments on the need to transition as quickly as possible. Through this crisis we have seen the volatility that this country is exposed to because of our reliance on fossil fuels. For the sake of people across the country, we cannot allow that to continue. On regulation, we have had discussions with the Competition and Markets Authority, which has set out what it is looking at in terms of the heating oil market. It will come forward with recommendations and a report, which we will study carefully to determine the need for regulation.
Claire Young (Thornbury and Yate) (LD)
With prices doubling or tripling, a 97-year-old constituent cannot afford her next bill and another family has no hot water. Reporting price gouging to the CMA will not help them now, so what support will the Government give those above the lowest income thresholds who cannot afford the next delivery, and what will Ministers do to stop public money allocated now simply filling the pockets of profiteering suppliers?
Martin McCluskey
No one should have to face the kind of situation that the hon. Lady has just described, which is why we are coming forward today with support. That additional funding will be available through the crisis and resilience fund from 1 April. However, as I said in response to an earlier question, constituents can already go to their local authority, and we are giving clear guidance to local authorities on the support that they can offer today, and we are expanding some of the guidelines for the existing funds to make it clear that they can provide support for people on heating oil and LPG. On the hon. Lady’s latter point on regulation, as I have said, the CMA is investigating this. There are clearly issues in the heating oil market, as we can see in what has happened over the past couple of weeks. That is why we have asked the CMA to look at that. It has agreed and we will study its conclusions and come forward if necessary with regulation.