§ Mr. Bruce-Gardyne
asked the Secretary of State for Energy what estimate he has made of the impact of the freeze on electricity prices required by the Price Commission upon the achievement of the financial targets of the electricity boards and hence of the contribution which this will make to the acceleration of domestic inflation.
§ Dr. John Cunningham
For each month of delay in applying the proposed domestic electricity tariffs to domestic electricity consumption in the coming months, it can be estimated that there would be a loss of revenue of some £10 to £12 million. The impact on financial targets depends on decisions yet to be taken.