§ 14. Mr. WattsTo ask the Secretary of State for Energy what cost savings have been achieved in the electricity industry since 1979; and what are the cost saving targets for 1987–88 and 1988–89.
§ Mr. Michael SpicerThe Electricity Council estimates that operating costs of electricity supply per unit sold fell in real terms by 10.3 per cent. between 1979–80 and 1986–87. The present performance aim for the industry is a reduction of 6.1 per cent. in controllable costs between 1983–84 and 1987–88. The performance aim for the next financial year is under discussion between my Department and the industry.