Central Networks · Castle Donington, Leicestershire United Kingdom
Company Description
Herald Way, Pegasus Business Park East Midlands Airport
Castle Donington, Leicestershire
DE74 -2TU
United Kingdom
(Map)
Phone: +44-1332-393-500
Fax: +44-1332-393-021
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This link will open in a new window Central Networks' power play keeps the lights on in the UK. The company is an electricity distribution business that brings power to almost 5 million customers in the UK's East and West Midlands regions. The utility maintains nearly 83,000 miles of overhead and underground cable via almost 97,000 substations. Central Networks was formed when parent company
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Key Central Networks Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $85.5 |
| Employees | 1,930 |
Central Networks Executives
14 executives listed for Central Networks's Castle Donington, Leicestershire location.
| Title | Name & Bio | Contact |
| Managing Director | Bob Taylor | Network |
| Finance Director | Peter Bridgewater | Network |
| Information Systems Director | Sue Burrows | Network |
Competition
Competitive Landscape for Central Networks
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Central Networks Competitors
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