Energy Networks Association Response to British Gas Price Increase

For Immediate Release 01/08/2017
 
Responding to the announcement that British Gas will raise prices for electricity customers by 12.5%, Energy Networks Association (ENA) Chief Executive David Smith said: 
 
“Network companies are responsible for operating and maintaining 1 million km of electricity cables across the UK, which on average cost consumers 35p a day. 
 
Ofgem annual reports show that electricity network costs have increased by £10 since 2014, as companies have invested in our energy networks that has delivered record levels of network reliability, performance and new forms of green electricity generation. This forms only part of the £76 increase that British Gas has announced. 
 
Network costs are expected to remain broadly flat in the coming years and in some cases fall and Ofgem analysis shows that between 1990 and 2006 the total cost of running the GB electricity and gas networks fell 45%. Despite significant planned investment between 2006 and 2017 they are still 17% lower.”
 
ENDS 
 
Notes to editors
 
• The Energy Networks Association (ENA) represents the companies that operate and maintain the gas and electricity grid network in the UK and Ireland. Serving over 30 million customers, they are responsible for the transmission and distribution network of “wires and pipes” that keep our lights on, our homes warm and our businesses running.
 
• For further information please contact:
 
Matthew Pringle
Press and Public Affairs Officer
Energy Networks Association
Direct Email: [email protected]
Press Team: [email protected]
M: +44 (0) 7792 220 974