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Energy Prices and Profits

Part of Opposition Day — [6th Allotted Day] — Living Standards – in the House of Commons at 5:47 pm on 4th September 2013.

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Photo of Peter Lilley Peter Lilley Conservative, Hitchin and Harpenden 5:47 pm, 4th September 2013

My hon. Friend, as always, is absolutely correct. People would do well to note what he has said.

The most important issue to our constituents is the cost of living, and within the cost of living it is energy prices. Energy prices have largely been driven up by factors outside our control. The one factor within our control is the cost of renewables. We are hypocritical if we shed salt tears for our constituents while we, through the only area where we have discretion, are driving those costs up higher and are set to do so much further still in future.