HC Deb 19 December 1935 vol 307 cc1985-6W
Mr. LIDDALL

asked the Minister of Transport whether the accounts of the Central Electricity Board are kept in such a form as to show separately the capital expenditure incurred in each area, and the working results, including capital charges, in each area?

Mr. HORE-BELISHA

No, Sir.

Mr. LIDDALL

asked the Minister of Transport whether the Central Electricity Board have fixed the grid tariffs in such a manner that, after taking into account central or overhead expenses, each area will be self-supporting, or whether the grid tariff has been fixed on the basis that some areas will subsidise other areas?

Mr. HORE-BELISHA

In the case of each of the grid tariffs at present in force, the tariff has been so fixed by the Central Electricity Board that over a term of years approved by the Electricity Commissioners the receipts of the Central Board on income account are estimated to be sufficient to cover the expenditure of the board on income account, including interest and sinking fund charges, with an appropriate margin.

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