In 2010, EDF sold its three English networks for £5.8 billion at a 27% premium on Ofgem’s value. In 2011, E.ON sold its networks at a 40% premium. Does the Secretary of State think that returns allowed on UK-regulated energy networks have been and are too generous. If so, is Ofgem fit for purpose.
Energy Bills
Proceeding contribution from
Phillip Lee
(Conservative)
in the House of Commons on Monday, 2 December 2013.
It occurred during Ministerial statement on Energy Bills.
Type
Proceeding contribution
Reference
571 c634
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-09-16 08:59:58 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2013-12-02/13120212000236
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