That is the whole point of this debate: should we have regulation to ensure that that is not allowed to happen? We cannot rely on competition, because despite the increased competition that Ministers have boasted about, the practice still goes on. In fact, it does not just go on: it seems to have been reinforced at a time when competition has emerged in the market. Reluctantly, therefore, we have to say that in the absence of a market that is unhampered or is properly functioning, we need some way to control how energy companies use their market power in the face of the fuel poverty that some domestic consumers experience. The impact is also felt by industry in the UK and affects its competitiveness.
One issue that has not been touched on much in the debate, although the hon. Member for Warrington South (David Mowat) mentioned it, is the aspect of energy policy and prices over which the House has some control—the increasing reliance on renewable energy. I notice that the Secretary of State boasted that we are the best place in the world for onshore and offshore wind power, but his boast is paid for by our consumers. According to his Department, in 2013 electricity prices were 17% higher as a result of feed-in tariffs, carbon taxes, smart meters, additional infrastructure costs and so on. By 2020, those factors will add 33% to electricity prices. Some Members, such as the hon. Member for Llanelli (Nia Griffith), suggested that we should have more renewables, but more of that sort of policy will add to the cost of household bills.
We need to regulate the current big suppliers of electricity, but we also need to ask ourselves some hard questions about the kinds of energy policies that are regularly promoted because it is politically correct to do so. In some areas, it is the popular thing to do, but the cost has not always been fully transparent. If we are talking about getting transparency from the energy companies, let us be sure that we are transparent about the policies that we espouse. The hard-pressed consumer deserves that at least.
6.43 pm