Speeches by Tomlinson.

“(a) the impact of that rate on investment in energy generation;”

“Brought up, and read the First time.”

“Electricity Generator Levy: Review of Rate”

“New Clause 4”

“(b) the effects of that rate on electricity prices, including consumer bills;”

“(3) The Chancellor of the Exchequer must lay the report containing the findings of the review before Parliament before 31 March 2028.”—(James Wild.)”

“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…”

“I will open this debate in Committee of the whole House by reminding the House—though I am sure Members know what is in this Bill—of the purpose of the Bill, which is to respond to increases in costs for families and businesses in the UK because of the conflict in the middle east. Even though we have just completed Sec…”

“Today’s debate is progressing rapidly—so rapidly, in fact, that I am yet to turn to the speech in my folder. It is a privilege to close this rapid debate on behalf of the Government, and I thank Members for their contributions, as well as the Economic Secretary to the Treasury for opening the Government’s arguments. Sh…”

“The shadow Exchequer Secretary seemed to suggest that the Opposition’s view is that we should not have introduced this change until wholesale contracts for difference have been consulted on and sorted out. The Opposition would choose to forgo the additional revenue that may come in if prices remain higher than the thre…”

““(1) The Treasury must review the impact of the increase in the Electricity Generator Levy rate to 55% under section 1.”

“(2) The report must, in particular, assess—”

“(c) the implications of that rate for the security of energy supply; and”

“(d) whether the Levy should continue to be charged at a rate of 55%.”

“I beg to move, That the Bill be now read the Third time. I am grateful for the discussion that we have had today on a Bill that responds directly to the pressures placed on people and businesses across the UK by the conflict in the middle east. In respect of energy, rising gas prices have driven up electricity prices, …”

“I ask that the House gives the Bill its Third Reading. Question put and agreed to. Bill accordingly read the Third time and passed.”

“I thank the shadow Exchequer Secretary for that. As I said, we are consulting on that policy before the end of the year. It was the Chancellor’s and this Government’s decision that the better thing to do for the country—for businesses and for households—was to respond to the conflict in the middle east with pace and ap…”

“I thank the shadow Exchequer Secretary, the hon. Member for North West Norfolk (James Wild), and the hon. Member for St Albans (Daisy Cooper), for their scrutiny and attention to the measures contained in this short Bill. I am proud that, as the shadow Exchequer Secretary said, we removed three taxes, and I am glad to …”

“No. If prices are slightly above the threshold set in the electricity generator levy, as they are at the moment, I believe, those taxes will be due now, from 1 July, whether or not businesses make decisions down the line after the consultation, after engagement and after the detail of the wholesale contract for differe…”

“Question put, That the clause be read a Second time.”