Public Ownership of Energy System

Part of Energy Security and Net Zero – in the House of Commons at on 21 May 2024.

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Photo of Dominic Raab Dominic Raab Conservative, Esher and Walton

In 1985, just before privatisation, 4.2% of total consumer spending was on energy bills. Between 2000 and 2020, that dropped to between 2% and 3%. Even last year during the war in Ukraine, it only hit 3.6%. Does my hon. Friend agree that, as he has already said, the suggestion from Liz Twist would wallop consumers?