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Lord Foster of Bath to ask Her Majesty's Government, in relation to the building of Sizewell C nuclear power station in Suffolk, (1) what is the basis for the claim that using a Regulated Asset Base (RAB) financing model for its construction “will add at most a few pounds a year to typical household energy bills during the early stages of construction and on average less than £1 per month during the full construction phase of the project” as stated in the BEIS press release of 26 October, (2) what capital sum would be subject to RAB, (3) how many households would pay, and (4) what rate of return investors would receive.  HL3784

Question HL3784: tabled on 8 November 2021 and due for answer by 22 November 2021

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Question text

Lord Foster of Bath to ask Her Majesty's Government, in relation to the building of Sizewell C nuclear power station in Suffolk, (1) what is the basis for the claim that using a Regulated Asset Base (RAB) financing model for its construction “will add at most a few pounds a year to typical household energy bills during the early stages of construction and on average less than £1 per month during the full construction phase of the project” as stated in the BEIS press release of 26 October, (2) what capital sum would be subject to RAB, (3) how many households would pay, and (4) what rate of return investors would receive.  HL3784
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