§ 30. Mr. Bruce-Gardyneasked the Secretary of State for Trade and Industry when he received the report of the Price Commission on electricity prices; and if he will make a statement.
§ Mr. Tom BoardmanI received the commission's report on 15th August. As I announced on 14th September, I decided to limit the maximum increase in electricity prices paid by consumers, apart from the effect of existing fuel adjustment clauses applicable only to certain non-domestic consumers, to 7½ per cent. Revised tariffs effective from 1st October were subsequently introduced by the area electricity boards. The overall weighted national average tariff increase was 4½ per cent.