£2bn Power Investment in North West

The North West's power network will receive its largest ever investment to support its bid to become a greener place.

More than £2bn will be invested in the network over the next five years by Electricity North West.

The funds will be used to maintain and upgrade the region's current network as people move towards green electricity.

Electricity North West say that significant sums will also be spent on customer service and and helping those in vulnerable circumstances - such as those in fuel poverty.

This comes as the company expects demand for power to increase by a third by 2030 with an estimated 1.4 million electric vehicles on the road and over a million heat pumps installed by 2040.

Ian Smyth, chief executive officer at Electricity North West, 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.

"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."

Electricity North West’s full business plan can be found at www.enwl.co.uk/businessplan