§ Mr. Hannam
asked the Secretary of State for Energy what would be the price of coal if all subsidisation were removed from the industry; and what is the comparative price of oil (a) per ton and (b) per therm.
§ Mr. Eadie
The planned increases in pithead coal prices from 1st April and in the autumn should enable financial support to the National Coal Board in 1974–75 to be confined to not much more than £50 million. The delivered prices of both coal and oil to the consumer vary according to the amount and quality of the fuel he requires and his location. The exact form of the autumn coal price increases will be a matter for the NCB but the delivered prices of general-purpose coal and fuel oil for a typical industrial consumer are estimated to be of the following order:
Very large users such as power stations can obtain supplies at lower prices.248W
£ a ton p a therm Coal effective 1st April 9–12 4½–5½ Heavy fuel oil 31–35 7½–8½