Northern Ireland written question – answered at on 16 July 2003.
To ask the Secretary of State for Northern Ireland what action the Government have taken to minimise the cost to Northern Ireland electricity customers of energy industry debt; what the Government's plans are for reducing this cost on electricity customers; and when he estimates customers will benefit.
A working party of economists drawn from the Department of Finance and Personnel, the Department of Enterprise, Trade and Investment and the Northern Ireland Authority for Energy Regulation has been examining options for the refinancing of energy assets and contracts, with a view to energy cost reductions for the consumer. It is expected to report shortly.
The findings of the working group and the outcomes of the consultation papers "Competition and Customer Empowerment" published by the Regulator on
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