Julie Hilling
Main Page: Julie Hilling (Labour - Bolton West)(9 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text
Mr Davey
First, may I pay tribute to my hon. Friend for the work he has done on fuel poverty? It is something that is very close to my heart. We have done a huge amount in this Government. We will shortly be publishing the first fuel poverty strategy in over a decade. With regard to switching, we are seeing huge progress. I challenged the large energy companies to halve switching times by the end of this year, and that is on track. Indeed, some of the smaller companies will achieve that by the end of the year. Ofgem is currently consulting on an idea I have pushed for 24-hour switching, linked to smart meters, and we expect a decision next year.
Julie Hilling (Bolton West)(Lab)
19. Consumer electricity prices went up by 4.4% and gas prices went up by 3.5% between April and June this year, but the price paid by major energy firms for coal fell by 12% and for gas it fell by a massive 21% over the same period. Why does the Secretary of State not act to ensure that cuts in wholesale prices are passed on to consumers?
Mr Davey
I share some of the hon. Lady’s concern about that. Sustained falls in wholesale energy costs should be passed on to consumers. While we have seen some fixed-price tariffs come down, standard tariffs in the main have not, which is why I supported the regulator’s warning to suppliers this summer. When the Leader of the Opposition was doing my job, wholesale electricity prices fell by 62.5%, and what did he do? He called a summit.