Powering on – electricity distribution in the UK

Electricty demand is expected to expand slowly due to subdued economic growth and rising fuel prices, and Ofgem has recognised that price rises are required to help distributors fund repairs and maintenance to their networks. As a result, industry revenue is expected to grow at a compound annual rate of 1.7% over the next five years, reaching £6.1 billion in 2018-19. Read the full report on IBIS.