§ Mr. Favell
asked the Secretary of State for Energy what information he has as to how the recent fall in electricity prices compares in the United Kingdom with other European Economic Community countries.
§ Mr. Goodlad
Surveys conducted by the CBI in recent years have shown that the price of electricity to industrial users in the United Kingdom generally compares favourably with prices in other countries in the Community, except in France where consumers are reaping the benefits of a large nuclear power programme. I believe that this remains the position. The effects of movements in exchange rates has been to lessen the size of reductions in other countries in the Community in sterling terms, and in some cases has implied an increase in prices.