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07/04/14: £20 off power bills pledge

The North West’s power network operator has published plans to cut its bill for domestic customers by £20.  Steve Johnson CEO for Electricity North West

Electricity North West, the company that owns the region’s network of overhead lines and underground cables, is proposing the cut from next year in plans submitted to its regulator, Ofgem.

Steve Johnson, Electricity North West’s chief executive, said: “Almost £120 from each household electricity bill in the North West will come to us this year so we can operate and invest in the network to deliver power where it’s needed.

“From next year, we want to cut that part of the bill to around £98. That means that customers will pay just 27 pence a day to us to transport power through our vast network of wires and infrastructure. That’s an incredible deal for customers.”

Electricity North West’s plan follows a three-year consultation with stakeholders and Ofgem on providing the best deal for customers.

The North West’s electricity network is one of the most dependable in the country, operating at 99.99% reliability. As well as the price cut, the network operator aims to reduce power cuts by a further 20% over the next 10 years.

“It’s a huge challenge for us,” added Steve. “We all want power at the flick of a switch, so we need to invest to ensure we have the infrastructure to support the region.

“At the same time, we want to do what we can to reduce our part of electricity bills, so we’re balancing our investment plans with the need for lower prices for customers.”

To see Electricity North West’s plan, go to www.enwl.co.uk/businessplan.


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