Department for Business, Energy and Industrial Strategy written question – answered at on 14 January 2022.
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much money his Department has spent on electricity infrastructure in each of the last 10 years.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the amount of profit made by private electricity companies compared to investment in electricity infrastructure in each of the last 10 years.
Electricity network operators are private companies which build, own, and operate electricity network infrastructure. As regional monopolies, they are regulated by the independent energy regulator, Ofgem. The total value of the electricity transmission price control between 2013 and 2021 was over £15bn, while the forecast total value of the electricity distribution price control between 2015 and 2023 is over £29bn.
Yes1 person thinks so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.