Revenue for the Electricity Distribution industry is expected to expand at a compound annual rate of 4.5% over the five years through 2015-16. Higher prices have more than offset weak volumes of electricity transported along the low-voltage distribution network. These prices reflect the investment that is necessary to bring the industry's ageing infrastructure up to date. Industry revenue is expected to increase by a further 1.6% to £6.7 billion in 2015-16. Electricity distribution businesses are regional monopolies, so their pricing is heavily regulated by the Office of Gas and Electricity Markets (Ofgem).
Firms in this industry operate the low-voltage electricity distribution networks that carry power from high-voltage transmission lines to end users.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.