Energy Prices

Part of Oral Answers to Questions — Energy – in the House of Commons at 12:00 am on 24 February 1992.

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Photo of Mr Colin Moynihan Mr Colin Moynihan , Lewisham East 12:00, 24 February 1992

I believe that it is due both to privatisation and to the benefits of restructuring, especially in the electricity industry. It is evident that the emergence of competition in both generation and supply has had a significant impact on prices.