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Written question asked by Tom Greatrex (Labour) on Friday, 20 February 2015, in the House of Commons. It was due for an answer on Wednesday, 25 February 2015 (named day). It was answered by Matt Hancock (Conservative) on Wednesday, 25 February 2015 on behalf of the Department of Energy and Climate Change.

Energy: Prices

Question

To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the Rate of Return on Equity for each of the Distribution Network Operators under Distribution Price Control Review 5.

Original answer

Ofgem are responsible for regulating the electricity Distribution Network Operators (DNOs) and the setting of the price control review. Ofgem’s latest estimate for the Rate of Return on Equity for each of the DNOs is in the attached table which covers the years 2010-11 to 2013-14. The last year of Distribution Price Control Review 5 (2014-15) is still on-going.

The answer was corrected by Matt Hancock (Conservative)

on Tuesday, 3 March 2015 on behalf of the Department of Energy and Climate Change.

Corrected answer

Ofgem are responsible for regulating the electricity Distribution Network Operators (DNOs) and the setting of the price control review. Ofgem’s latest estimate for the Rate of Return on Equity for each of the DNOs is in the attached table which covers the years 2010-11 to 2013-14. The last year of Distribution Price Control Review 5 (2014-15) is still on-going.

Secondary information

Type
Written question
Reference
224816
Session
2014-15
Subjects
Energy Electricity generation Prices
Contains statistics
Yes
Link
View this Written question on www.parliament.uk