Written question asked by Jim Cunningham (Labour) on Monday, 30 October 2017, in the House of Commons. It was due for an answer on Thursday, 2 November 2017 (named day). It was answered by Lord Harrington of Watford (Conservative) on Thursday, 2 November 2017 on behalf of the Department for Business, Energy and Industrial Strategy.
Energy: Profits
- Question
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To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate his Department has made of the amount of profit made by distribution network operators in the last 12 months.
- Answer
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According to Ofgem, the energy regulator, the forecasted Return on Regulatory Equity for electricity Distribution Network Operators across the sector is 9.03%, and this ranges between 7.26% and 11.5% for individual companies. These figures are an eight year average over the current price control (2015-2023). Further information is available at: https://www.ofgem.gov.uk/system/files/docs/2017/02/riio-ed1_annual_report_2015-16.pdf
Secondary information
- Type
- Written question
- Reference
- 110220
- Session
- 2017-19
- Subjects
- Energy Profits
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2017-11-02 12:28:40 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/110220
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/110220
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