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Ofgem greenlights price hikes to pay for grid upgrade

Tom Young

07 December 2009 • 2 min read

Increase in electricity bills intended to allow distribution network operators to invest £6.7bn in modernising the grid

Energy regulator Ofgem today gave electricity network operators permission to increase prices over the next five years to help pay for a 40 per cent increase in spending on grid infrastructure, designed...

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