Electricity: Prices

(asked on 12th October 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential effect of proposed increases to electricity network costs on manufacturers.


Answered by
Nick Hurd Portrait
Nick Hurd
This question was answered on 27th October 2016

The Government published in November 2014, an estimate of the projected electricity networks costs for households and small, medium and large businesses users, in Annex D of the ‘Estimated impacts of energy and climate change policies on energy prices and bills’. These estimates reflect the eight year price control settlements that run from 2013 to 2021 (electricity transmission) and 2015 to 2023 (electricity distribution), as approved by the regulator, Ofgem.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/384404/Prices__Bills_report_2014.pdf

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