Posted on: 08/08/2017
The Energy Networks Association (ENA) has responded to claims that its members are responsible for a 12.5% price increase by British Gas-owner Centrica.
The ENA represents the companies that operate and maintain the gas and electricity grid networks in the UK and Ireland.
David Smith, the ENA’s Chief Executive, said: “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.”
Some costs falling
Smith added: “Network companies are responsible for operating and maintaining one million kilometres of electricity cables across the UK, which on average cost consumers 35p a day.
“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.”