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<p>Electricity network operators are private companies which build, own, and operate electricity network infrastructure. As regional monopolies, they are regulated by the</p><p>independent energy regulator, Ofgem. Ofgem uses the price control framework to set the level of investment in infrastructure for each network company and their allowable rate of return. The costs incurred in the maintenance, reinforcement, and new build of</p><p>Electricity network infrastructure are recovered mainly through electricity consumers’ bills. The price control and charging arrangements are matters for Ofgem.</p> |