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Yorkshire Electricity

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Yorkshire Electricity
IndustryElectricity
Founded1948
Defunct1997
FateAcquired
SuccessorAmerican Electric Power
HeadquartersLeeds, England, United Kingdom

Yorkshire Electricity was an electricity distribution utility in England, serving much of Yorkshire and parts of Derbyshire, Lincolnshire and Nottinghamshire.

History

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Formed as the Yorkshire Electricity Board in 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947. The establishment of the company involved the amalgamation of 50 private and local authority power companies. The Yorkshire Electricity Board took over Scarcroft Lodge in north Leeds as its headquarters.[1]

Nationalised industry

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The Yorkshire Electricity Board was responsible for the purchase of electricity from the electricity generator (the Central Electricity Generating Board from 1958) and its distribution and sale of electricity to customers. The key people on the board were chairman Arthur Bond (1964, 1967), deputy chairman R. H. M. Barkham (1964, 1967), and full-time member J. S. Yates (1964, 1967).[2]

The total number of customers supplied by the board was:[3][4]

Yorkshire Electricity Board customers, 1949–89
Year 1948/9 1960/1 1965/6 1970/1 1975/6 1978/9 1980/1 1985/6 1987/8 1988/9
No. of customers, 1000s 1084 1539 1647 1737 1815 1851 1853 1903 1929 1946

The amount of electricity, in GWh, sold by Yorkshire Electricity Board was:

Post privatisation

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Yorkshire Electricity Board was privatised in 1990 as the Yorkshire Electricity Group plc.

In June 1993, Homepower stores were opened across the Yorkshire region.[5] Homepower was the retail arm of the company which was a joint venture with East Midlands Electricity.[6] At its peak, Homepower employed 900 people and had 130 stores.[7] This part of the company was sold off in 1996.

In 1997 the company was acquired by American Electric Power (AEP) and Public Service Company of Colorado (part of Xcel Energy) in a deal worth £1.5 billion.[8] In 2001 Innogy plc bought 94.75% of the company in a deal worth £1.8 billion.[9] The company was subsequently split into two entities, one a supply company, the other a distribution utility. The distribution company (Yorkshire Electricity Distribution Limited) was disposed of to CE Electric UK in 2001 in exchange for the supply business of Northern Electric. Northern Powergrid is now the licensed distribution network operator for the Yorkshire region. In 2002, the company divested itself of its Leeds Headquarters as most staff and processes had been transferred to the Midlands headquarters of npower by that time.[1]

Innogy was itself taken over by RWE. The supply company now trades as npower.

See also

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References

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  1. ^ a b Williamson, Howard (2 May 2002). "YE pull plug on Scarcroft". Yorkshire Evening Post. Retrieved 9 February 2017.
  2. ^ Electricity Council publicity brochure 1964 and 1967
  3. ^ Electricity Council (1980). Handbook of Electricity Supply Statistics 1979. London: Electricity Council. pp. 58 63. ISBN 0851880762.
  4. ^ Electricity Council (1990). Handbook of Electricity Supply Statistics 1989. London: Electricity Council. pp. 51 56. ISBN 085188122X.
  5. ^ "Electrical stores run out of juice". marketingweek.com. Marketing Week. 17 February 1995. Retrieved 9 February 2017.
  6. ^ Hinchcliffe, David (11 June 1996). "Homepower (Closure)". Parliamentary Debates (Hansard). Retrieved 9 February 2017.
  7. ^ Hotten, Russel (2 July 1994). "Yorkshire Electricity to cut 1,000 jobs: Final redundancy figure could". The Independent. Archived from the original on 7 May 2022. Retrieved 9 February 2017.
  8. ^ Sabbagh, Dan (28 February 2001). "Innogy buys Yorkshire Electricity". The Telegraph. Retrieved 9 February 2017.
  9. ^ "NPower firm buys Yorkshire Power". BBC News. 27 February 2001. Retrieved 9 February 2017.
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