Industry Analysis & Industry Trends
Revenue for the Electricity Distribution industry is expected to expand at a compound annual rate of 6.7% over the five years through 2014-15. Higher prices have more than offset weak volumes of electricity transported along the low-voltage distribution network. These prices reflect the investment that is necessary to bring the industry's ageing infrastructure up to date. Industry revenue is expected to increase by a further 2.1% to £6.5 billion in 2014-15. Electricity distribution businesses are regional monopolies, so their pricing is heavily regulated by the Office of Gas and Electricity Markets (Ofgem). Ofgem aims to act on behalf of consumers, while ensuring that distributors receive a fair return... purchase to read more
Industry Report - Industry Locations Chapter
Electricity consumption can be used as a proxy to show the proportionate locations of electricity distribution and display a reasonable degree of accuracy. It is expected that the spread of electricity consumption will be very closely aligned with the spread of population. Households are the largest end user of electricity, meaning the most populous regions would have higher household consumption levels. Additionally, areas of high population density often have a larger amount of commercial customers.
London and the South East are the regions with the highest consumption, just as they are the two most populous regions. London has the highest consumption level, despite the South East having the higher population of the regions... purchase to read more