Annual Energy Statement Debate

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Annual Energy Statement

Andrew George Excerpts
Tuesday 27th July 2010

(13 years, 9 months ago)

Commons Chamber
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Andrew George Portrait Andrew George (St Ives) (LD)
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I warmly congratulate my right hon. Friend on his statement. Further to the question by the hon. Member for Manchester Central (Tony Lloyd), who is no longer in his place, what reassurance—indeed, guarantee—can the Secretary of State provide to the House that vulnerable households will be supported and not further impoverished as a result of the measures that will be rolled out following this statement of policy?

Chris Huhne Portrait Chris Huhne
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My hon. Friend will know that the forecasts that we are making for 2020 crucially depend, in terms of their impact on household bills, on what one thinks will happen to the price of oil and gas. If one thinks that it will basically be the same as today, there is a modest increase in the cost of policies compared with the alternative; if one takes the International Energy Agency’s view of a $100 price for a barrel of oil, for example, one sees that our policies are reducing the cost of electricity to households. However, it is absolutely crucial to ensure not only that the policy framework delivers overall lower costs but that poor households, in particular, will not bear the brunt. That is why we are looking at social price support and why, as I said to the hon. Member for Manchester Central (Tony Lloyd), it is absolutely crucial to target our energy efficiency measures on fuel-poor households so that we can deal with the cause, not merely with the symptoms.