UK: ENERGY REGULATOR CONFIRMS REBATE MOVE
Article Abstract:
London Electricity and Eastern Electricity will be obliged to pay a rebate to customers of GB[pound] 12.5mn at least in the wake of an integration move covering their distribution networks, it was confirmed on 23 March 2000 by Callum McCarthy, the UK energy regulator. Ofgem's leader envisages the rebate to 5mn users will exceed the minimum amount stated.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: BRITISH ENERGY, AES COMPETITION REFERRAL
Article Abstract:
US-based AES, together with, British Energy will face a UK Competition Commission referral following their refusal to allow sections covering market abuse to be included in licences. Ofgem, the UK energy regulator, recommended the clauses, which are intended to stop electricity prices from being manipulated by generators.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: NEW OFFICIAL TO MONITOR FUEL FOR POOR
Article Abstract:
The distribution and price of fuel for low-income households in the UK is to be monitored by a new official appointed by the government. The most likely candidate for the position in David Varney, the former chief executive of BG who left after the group demerged in November 2000. The new policy will target households where fuel bills account for over 10% of total income, which is thought to account for 4.5mn households. These people will be encouraged to change to cheaper fuel offers where possible. However, the role will also examine the causes of fuel poverty.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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