Part of the debate – in the House of Commons at 2:57 pm on 1 July 2026.
Dan Tomlinson
The Exchequer Secretary
2:57,
1 July 2026
There is a very sensible policy rationale when it comes to the electricity generator levy, which I think is the Clause the hon. Member is referring to. We want to ensure that the ending of the EGL and the future decisions made on it are made in the light of the decisions that will be made on the wholesale contracts for difference, which, as I have said, are coming forward. It would not have been the right decision to pick a future end date without considering how it would interact with the decisions that the Government will make and will be consulting on later this year on the detail of the wholesale contracts for difference.
I hope that that has responded to many, if not all, of the points that have been raised by Opposition Members. I encourage Members to support the Bill.
Question put and agreed to.
Bill accordingly read a Second time.
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