HL Deb 13 July 1998 vol 592 c6WA
Earl Attlee

asked Her Majesty's Government:

Further to their statement on 25 June on their energy review (H.L. Deb., cols. 379–390), whether they expect domestic electricity prices to fall in line with wholesale prices. [HL2567]

Lord Clinton-Davis

In a competitive market, movements in wholesale prices can be expected to feed through to domestic electricity prices. Movements in domestic prices will also be affected by movement in other cost elements.