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Lord Moynihan (Con)

Speaking in the House of Lords on 21 April 2026

Debate

Electricity: Domestic Pricing

Contribution

My Lords, by our doubling down on intermittent renewable wind and imported Chinese solar, as the Secretary of State announced this morning, does the Minister agree that while the wholesale price link to gas and electricity constitutes, as he said, only some 30% of the consumer price, the main culprits of ever-escalating industrial and domestic prices are the Government’s green levies, the taxes and the system costs, which constitute the remaining 70% and are increasing month by month? When will the Government address these costs?

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