Department for Energy Security and Net Zero written question – answered am ar 26 Mawrth 2024.
Alan Whitehead
Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Minister (Climate Change and Net Zero)
To ask the Secretary of State for Energy Security and Net Zero, what the cost to consumers was of energy network improvements by Distribution Network Operators in each of the last five years.
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
Ofgem is responsible for regulating networks through a price control process that enables the investment needed to deliver a secure, resilient, net zero network in an efficient way, protecting consumers from excessive costs. Costs for network investment are recovered through electricity Bills over a period of 45 years. The previous price control, covering the period between 2015 and 2023, enabled over £24bn of Distribution Network Operator expenditure. The cost impact on consumer bills remained broadly flat for this period.
Yes2 people think so
No2 people think not
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