Heating Oil Support Debate
Full Debate: Read Full DebatePolly Billington
Main Page: Polly Billington (Labour - East Thanet)Department Debates - View all Polly Billington's debates with the Department for Energy Security & Net Zero
(1 day, 10 hours ago)
Commons Chamber
Martin McCluskey
I thank the hon. Lady for her constructive tone, for working together on some of this, and in particular for her comments on the need to move towards a transition to ensure our energy security and, ultimately, to lower bills.
On the hon. Lady’s point about a cap, the market for heating oil, as she will know, is very different from the market for electricity and gas. The reason that the price cap was introduced many years ago was the potential loyalty penalty that existed, whereby consumers who were with an individual company for a long time were penalised for that. Heating oil, by contrast, is supplied through a highly competitive market. That is why we have asked the CMA to look at this in more detail and we will examine its findings to establish what regulation may be required.
On the hon. Lady’s comments regarding the warm homes plan, the low income fund will target many of those people. She may also be interested to know that about 50% of the grants given out under the boiler upgrade scheme are to rural homes, many of which will be in this situation, that are transitioning from oil heating to electrified heating through a heat pump.
Ms Polly Billington (East Thanet) (Lab)
I am very grateful to my hon. Friend for his statement. Giving support to people who are off grid is vital; however, Thanet Earth, which is near my constituency and employs a number of my constituents, actually grows 20% of the tomatoes that are sold in this country. The business is profoundly energy intensive and is doing all the right things on decarbonising its energy supply, yet it is still profoundly affected by such fossil fuel spikes as those we are experiencing today. Will the Minister look at what is possible to support such energy-intensive industries through this energy crisis?
Martin McCluskey
I know that my hon. Friend has been a champion for such industries in her constituency, including Thanet Earth. The Minister for Industry, my hon. Friend the Member for Stockton North (Chris McDonald), is working through the implications of this crisis for such businesses as we speak, and will come forward with plans in due course.