South of Scotland Electricity Board

HC Deb 24 November 1987 vol 123 cc137-8W

Mr. Darling

To ask the Secretary of State for Scotland what return he expects to receive on the outstanding borrowing from him by the South of Scotland Electricity Board over the next 10 years; and what effect he estimates that such a return would have on electricity charges made by the South of Scotland Electricity Board.

Mr. Lang

I am advised by the South of Scotland Electricity Board that it expects to make the following payments of interest and principal for national loans fund borrowing to date:

£ million
		Interest	Principal
	1987–88	74.815	56.368
	1988–89	74.959	55.888
	1989–90	69.194	49.068
	1990–91	63.941	47.648
	1991–92	58.661	46.248
	1992–93	53.531	44.988

	Interest	Principal
1993–94	48.484	42.828
1994–95	43.634	40.778
1995–96	38.962	38.768
1996–97	34.477	36.408

Tariffs are a matter for the board's commercial judgment, taking into account a wide range of factors affecting its operations, including the need to service and repay debt.