Meeting of the Parliament 23 April 2014
No. Let me continue. I can inform the member at great length.
We have heard a great deal about the big six energy suppliers and the fact that the monopoly position that they have almost achieved allows them to manipulate the market somehow. However, it was on Labour’s watch—in fact, it was largely on Ed Miliband’s watch—that the number of major suppliers shrank. The number shrank from 15 in 2000 to a mere six by 2010. In that time, gas bills more than doubled.
We have also seen Labour oppose the competition inquiry, which would do something to fight against the monopoly position that has been achieved by our energy suppliers.
It is a fact that much of what Labour and Ed Miliband have proposed in the past would have meant that energy costs would have been very much higher now than they would otherwise be. Ed Miliband planned to add £193 a year to fuel bills, and he now wants a target for clean electricity by 2030 that would add £125 a year to bills at today’s prices.