Oral Answers to Questions

David Johnston Excerpts
Tuesday 7th June 2022

(2 years, 6 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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There is no reason to be angry about the support, because the £37 billion of support is very real. On the supplier of last resort, the hon. Gentleman will know that 26 firms had to leave the market as a consequence of sky-high wholesale prices, and all the SOLR levy does is socialise those costs within the industry. It was a necessary device to make sure that customers can ease on to other providers without interruption.

David Johnston Portrait David Johnston (Wantage) (Con)
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3. What steps he is taking to support new low-carbon technologies.

Chris Clarkson Portrait Chris Clarkson (Heywood and Middleton) (Con)
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9. What steps he is taking to support new low-carbon technologies.

--- Later in debate ---
Greg Hands Portrait The Minister for Energy, Clean Growth and Climate Change (Greg Hands)
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Clean energy technologies are fundamental in both securing our energy supply and meeting net zero. This Conservative Government have set out their ambition to invest up to £22 billion in research and development by 2024. Meanwhile, we are moving to annual options for renewable energy and investing big in our nuclear future.

David Johnston Portrait David Johnston
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In recent months, I have had a number of emails from constituents who have taken the Government’s encouragement to look at getting a heat pump, but have found the cost just too high for them. What steps is my right hon. Friend taking to help bring down the cost of heat pumps so that they are more affordable for more people?

Greg Hands Portrait Greg Hands
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My hon. Friend makes an important point. We want to go with the grain of human nature, which means that, when it is time to replace a gas boiler, the heat pump is a competitive option in terms of price. That is why we think the cost of heat pumps can reduce by 25% to 50% by 2025. We have our £450 million boiler upgrade scheme to provide capital grants of up to £6,000, and that is in addition to the zero per cent rate of VAT on installation.