It needs to be remembered that the industry was privatised without any commitment whatsoever to improve energy efficiency. Instead, the Government set up an Energy Savings Trust under the chairmanship of John Moore, with an initial budget of just £6m per annum and strong representation from both gas and electricity companies. Two schemes for saving energy have been blocked by the Gas Regulator, while the Electricity Regulator has allowed a ludicrously small expenditure for efficiency measures, of just £l per customer per year. These figures should be set against the combined profit of £l.24bn and £4.67bn for the gas and electricity companies respectively for the year 1994-95.
ROBIN RUSSELL JONES
4 AprilReuse content