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 Products Chapter
Due to the nature of the Electricity Distribution industry, industry operators carry out only one service and it is not segmented along product or service lines. However, some firms also retail or generate electricity.
Electricity distributors operate networks that carry electricity from the transmission system and deliver it to the end consumers. The electricity must be transformed down from high voltages to voltages suitable for domestic and commercial use. Firms operate on a regional basis, using medium- or low-voltage power lines. Lines generally carry electricity above ground, although often in urban areas it is necessary to transmit below the ground... purchase to read more