Mary Creagh
Main Page: Mary Creagh (Labour - Coventry East)My hon. Friend is absolutely right: new nuclear is an essential part of a secure, reliable energy system. We are supporting new nuclear, but we are also particularly enthusiastic about small modular reactors, which is why my right hon. Friend the Chancellor doubled the funds for our innovation budget and we have launched our competition. We hope that it will bring forward a great array of different proposals so that we can take forward a number of them.
T6. Citizens Advice estimates that 7,300 households in Wakefield are paying over £400 a year more for their gas and electricity than they should be paying because they are stuck on prepayment meters. Last month, the Competition and Markets Authority recommended a price cap to protect my constituents from this indefensible overcharging. This week, we hear that the chief executive of the CMA is to be the Department’s new permanent secretary. Does that mean we can look forward to him implementing his own recommendations in the very near future?
Forgive me for making no comment about the appointment. I certainly share the hon. Lady’s view that prepayment meters need reform, that we need the safeguard tariff that the CMA has proposed and that it is unacceptable for the most vulnerable customers—usually those on the lowest incomes—to be stuck on higher tariffs. We will support the CMA to ensure that it delivers on that.