Electricity Distribution Network operators accept OFGEMS final proposals
According to Ofgem, all seven of Britain’s electricity distribution networks have accepted Ofgems final proposals for the 2010-2015 price control.
The seven companies between them own the 14 regional networks which transport electricity from the national grid to homes and businesses. Over the next five years they will be able to invest up to £7.2 Billion in the upgrading of the networks. This includes a £500 million sustainability fund allowing them to undertake large scale trails of smart grids and other technology required in a low carbon economy. The impact on household electricity and gas bills will be an increase of £4.30 per year on average across the country. The new price control will run from April 01 until March 2015.
D-ENERGi is a trading name of UK Healthcare Corporation Ltd.
Registered office: 127 - 129 Portland Street, Manchester M1 4PZ. Registered in England & Wales No. 4398605 VAT Reg No. 784-4704-02.