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Birmingham Post
Birmingham Post
Business
Jon Robinson

Electricity North West to invest more than £2bn in network over next five years

Electricity North West has outlined plans to invest more than £2bn in the region's network over the next five years.

The energy provider said the money will be spent on the operation, maintenance and upgrading of the region’s electricity network as people move away from fossil fuels to clean, green electricity to power their cars and heating.

The operator added it will also reduce customers’ time without power by 20%.

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Electricity North West also pledged to invest "significant sums" in customer service and supporting those in vulnerable circumstances who need it the most.

Support includes helping people in power cuts, those in fuel poverty and "ensuring that no one gets left behind in the green transition".

The plan, which has been approved by industry regulator Ofgem, will see the provide increase the capacity of the network as the company expects the demand for power to increase by a third by 2030.

Electricity North West said it will invest £40m in Cumbria to replace 154km of overhead lines, £33m in Lancashire to increase capacity at 11 substations and £21m in Greater Manchester to reinforce the network at key locations.

It is also aiming to improve its customer service scores to over 93%.

Chief executive Ian Smyth said: "This is a really exciting time for us and for the region. It’s the people who live, learn and work in the North West who are our top priority.

"As well as this huge network investment we’re also committed to delivering some of the top rated customer service scores in the country.

"We’ll also deliver all this investment while keeping our part of bills low, which we know is absolutely essential given the current cost of living crisis. When you pay your electricity bill to your chosen supplier, around £100 a year – that’s less than 30p a day – comes to Electricity North West to enable this investment.

"We spoke to more than 18,000 customers and stakeholders to develop this plan and we know that it will deliver fantastic value for the region.

"We’ll continue to develop and deliver our cutting-edge engineering innovations, CLASS, SmartStreet and LineSight that will keep the network reliable, efficient and safe.

"As the network operator, it’s our job to make sure everyone living and working in the North West can continue to depend on the network, just as they do now.

"After more than three years of planning and preparing, we’re excited to get the shovels in the ground and put the plans into action."

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