§ 49. Sir D. Rentonasked the Minister of Power what saving of manpower has been made by area electricity boards, the Central Electricity Generating Board and the Electricity Council as a result of the Selective Employment Tax.
§ Mr. FreesonThe electricity supply industry is treated neutrally for purposes of the Selective Employment Tax, but the industry is aware of the great importance of further improving productivity.
Mr. Edward M. Taylorasked the Minister of Power by how much the receipts of the electricity industry have had to be raised recently due to increases in rates payable by the industry.
§ Mr. FreesonLocal authority rates in England and Wales are expected to cost the industry about £8 million more in 1967–68 than in 1965–66 when the last round of electricity price increases was completed.
§ Mr. Ridleyasked the Minister of Power by how much the coal price increases of April, 1966, caused the electricity industry to put up its charges.
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§ Mr. FreesonThe increase in coal prices added about £30 million a year to the electricity industry's costs of which about half was automatically recovered at the time from consumers whose tariffs included a fuel cost adjustment clause.