§ 34. Sir Teddy TaylorTo ask the President of the Board of Trade what has been the change in real terms of the prices of(a) electricity and (b) gas for use by domestic consumers since these industries were privatised. [38687]
§ Mr. EggarSince privatisation in 1990, domestic electricity prices, including VAT, have increased by 2 per cent. in real terms. Excluding VAT, they have fallen by 6 per cent. in real terms.
Since privatisation in late 1986, domestic gas prices, including VAT, have fallen by 16 per cent. in real terms. Excluding VAT, they have fallen by 23 per cent.