Energy Price Cap Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Robert Halfon
Main Page: Robert Halfon (Conservative - Harlow)Department Debates - View all Robert Halfon's debates with the Department for Business, Energy and Industrial Strategy
Energy Price Cap
Robert Halfon Excerpts(7 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Greg Clark
We are seeing a big increase in the deployment of renewables as the price comes down, as the hon. Member for Huddersfield (Mr Sheerman) said. The effect of the overcharging—the abuse—is not a return to consumers, and this is not about the increased deployment of renewables. In the analysis of the CMA, the practice results in profits that are higher than they would be in a competitive market and relative inefficiency on the part of the suppliers. Consumers should not be paying for either of those.
Robert Halfon (Harlow) (Con)
Many energy consumers, particularly those on low incomes, do not pay their energy bills by direct debit, but they get huge increased charges from many of the energy companies when they do pay, even when they do so on time. Will my right hon. Friend look into this and make sure that people who do not pay their energy bills by direct debit get a fair energy bill?
Greg Clark
My right hon. Friend makes an excellent point. As I said, the poorest 10% of households spend 10% of their household expenditure on energy, whereas the richest 10% spend 3% of theirs on it. We need to look particularly at the conditions of more vulnerable consumers to ensure that they are not disadvantaged. My right hon. Friend mentioned one of the ways in which they are.