[Frank Cook in the Chair] — Home Energy Efficiency

Part of the debate – in Westminster Hall am 9:56 am ar 3 Mawrth 2010.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Bob Spink Bob Spink Annibynnol, Castle Point 9:56, 3 Mawrth 2010

On this important point, does the hon. Gentleman agree that the situation is even worse than has been stated because many energy companies forward-buy their oil or gas at a fixed rate? Therefore, when prices rise, they do not necessarily go up for the companies straight away; often it takes up to six months. However, they are quick to increase prices for the consumer. The regulators need to take more firm action to make this matter transparent and to stop it.