division_name: Domestic Gas and Electricity (Tariff Cap) Bill &#8212; Ongoing relative tariff differential
motion: <p class="indent" pid="b71.4/3" pwmotiontext="yes">&#8220;, and within five months of this Act being&#8221;.</p>
  
  <p class="indent" pid="b73.0/2" pwmotiontext="yes">&#8220;wanting to live in some sort of Marxist universe.&#8221;</p>
  
  <p class="indent" pid="b74.3/3" pwmotiontext="yes">&#8220;Millions of Brits in line for &#163;100 as Theresa May delivers on energy price cap promise&#8221;.</p>
  
  <p class="indent" pid="b74.3/5" pwmotiontext="yes">&#8220;Government insiders say the cap should save at least &#163;100, potentially rising to &#163;300 a year with increased competition and faster switching.&#8221;</p>
  
  <p class="indent" pid="b76.0/2" pwmotiontext="yes">&#8220;the Authority&#8230;must modify the standard supply licence conditions&#8221;,</p>
  
  <p class="indent" pid="b77.4/5" pwmotiontext="yes">&#8220;protecting existing and future domestic customers who pay standard variable and default rates&#8221;.</p>
  
  <p class="indent" pid="b80.2/4" pwmotiontext="yes">&#8220;not certain that customers on a capped default tariff will benefit as market conditions change in future&#8221;.</p>
  
  <p class="indent" pid="b82.2/2" pwmotiontext="yes">&#8220;run excessive risks of undermining the competitive process&#8221;.</p>
  
  <p class="indent" pid="b82.2/4" pwmotiontext="yes">&#8220;reducing the incentives of suppliers to compete&#8221;</p>
  
  <p class="indent" pid="b82.2/6" pwmotiontext="yes">&#8220;reducing the incentives of customers to engage&#8221;,</p>
  
  <p class="indent" pid="b84.1/3" pwmotiontext="yes">&#8220;there is likely to always be a need to protect customers who would not be fully able to engage even in a&#8230;more competitive market.&#8221;</p>
  
  <p class="indent" pid="b84.1/5" pwmotiontext="yes">&#8220;not done as well as we could have&#8221;</p>
  
  <p class="indent" pid="b84.1/8" pwmotiontext="yes">&#8220;the regulator also needs to change. It also needs to use the powers it has more effectively.&#8221;</p>
  
  <p class="indent" pid="b86.2/4" pwmotiontext="yes">&#8220;I accept the point that we could and should have done better on vulnerable customers. We have relatively recently put in place principles for vulnerability, which will give a stronger level of protection.&#8221;</p>
  
  <p class="indent" pid="b86.2/6" pwmotiontext="yes">&#8220;We have not done as well as we could have. I fully accept that.&#8221;</p>
  
  <p class="indent" pid="b86.2/8" pwmotiontext="yes">&#8220;If you do not mind me saying, throughout the testimony here and before, you have been describing what is happening in the market; you are the single most important player in the market, because you have the most extraordinary powers as a regulator, yet your testimony sounds so incredibly passive. Do you ever just roll your sleeves up and get stuck in? I do not really see the evidence of that.&#8221;</p>
  
  <p class="indent" pid="b87.1/3" pwmotiontext="yes">&#8220;Our party did not end the unjust and inefficient monopolies of the old nationalised energy corporations only to replace them with a system that traps the poorest customers on the worst deals&#8221;.</p>
  
  <p class="indent" pid="b95.0/7" pwmotiontext="yes">&#8220;If you have an absolute price cap, you will obviously see that the affordability of the lower tariffs for the big six will be less: you will see some shrinkage between the highest price and the lowest price. That is what we are trying to do.&#8221;&#8211;&#8211;[Official Report, Domestic Gas and Electricity (Tariff Cap) Public Bill Committee, <phrase class="date" code="2018-03-13">13 March</phrase> 2018; c. 5.]</p>
  
  <p class="italic" pid="b101.2/3" pwmotiontext="yes">The House divided:</p>
  
  <p pid="b101.2/4" pwmotiontext="yes">Ayes 125, Noes 288.</p>