Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Jon Robinson

New Electricity North West CEO pledges to reduce energy bills

The new chief executive of Electricity North West has pledged to reduce energy bills for customers in the region.

Ian Smyth has said he has set his sights on tackling the challenges that the region’s residents and businesses face.

The CEO is expected to deliver Electricity North West’s £1.8bn business plan which Ofgem will make a final decision on in December.

READ MORE: Click here to sign up to the BusinessLive North West newsletter

Mr Smyth said: "It’s an incredibly difficult time for many in the region and across the country at the moment with spiralling energy costs.

"Electricity North West’s part of electricity bills will reduce in real terms in April to less than £80 a year as we implement our new business plan.

"We will still invest hundreds of millions of pounds a year in the thousands of miles of underground cables and overhead electricity lines that serve the region to continue to improve the safety and resilience of the network."

Mr Smyth also said he will 'ensure that the residents and businesses continue to have a system they can rely on during the cost of living crisis and beyond, while delivering the changes needed to support the move to net zero carbon'.

He added: "Through implementing innovative technologies like Smart Street – our £78m investment to actively manage voltage street-by-street. We will help consumers to reduce their bills without interrupting their daily lives or usage patterns.

"We’re here to enable the region grow and ensure it attracts the investment and businesses it needs. At the same time we also have partnerships with charities such as Citizens Advice and Energy Saving Trust to help support individuals and families too."

Mr Smyth replaces Peter Emery who retired last month after six years.

READ NEXT:

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.