§ Mr. DobsonTo ask the Secretary of State for Energy what proportion of the property asset value of each regional electricity company is represented by their retail shop chain.
§ Mr. WakehamThe information requested is commercially confidential.
§ Mr. DobsonTo ask the Secretary of State for Energy why the net assets of the National Grid Company were allocated between each regional electricity company on the basis of the net assets according to the current cost accounting convention of both the National Grid Company and each regional electricity company.
§ Mr. WakehamThe allocation of NGC net assets by reference to the current cost assets of the regional electricity companies was felt to be a fair and acceptable allocation method.
§ Mr. DobsonTo ask the Secretary of State for Energy what is the total estimated cost of the 12.5 per cent. bonus to be paid to some directors of regional electricity companies.
§ Mr. WakehamI will write to the hon. Member with the information.
§ Mr. DobsonTo ask the Secretary of State for Energy what is his Department's estimate of the extent to which regional electricity company directors' salaries are below private sector rates.
§ Mr. WakehamIt will be for the companies to consider this after privatisation.
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§ Mr. DobsonTo ask the Secretary of State for Energy when in October the National Grid Company issued a property clawback debenture to him.
§ Mr. WakehamThe debenture was issued on 2 November 1990.