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United Kingdom · Question · Written question

UIN 110220

Energy: Profits

answeredUnited Kingdom· UK Parliament· EN

Introduced

30 October 2017

Last action

2 November 2017 · Answer

Status

Answered

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Subjects

Energy

Source updated

2 November 2017

Energy

Summary

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.

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Timeline

  1. 30 October 2017

    Written question

    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.

    Source: Commons

  2. 2 November 2017

    Answer

    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 ye...

    Source: Written answer

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