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Businesses: Orders and Regulations

Volume 458: debated on Wednesday 14 March 2007

To ask the Secretary of State for Trade and Industry what estimate he has made of the (a) one-off and (b) recurring cost of implementing the Electricity, Safety, Quality and Continuing (Amendment) Regulation 2006 to (i) businesses and (ii) the regulators. (126617)

The information is as follows.

(a) The regulatory impact assessment (RIA) for the Electricity Safety, Quality and Continuity (Amendment) Regulations 2006 has not estimated any one-off costs to businesses or regulators.

(b) The RIA estimates the net cost to electricity companies at £16,800,000 per annum, reducing to £11,500,000 per annum by year 10 and £4,750,000 per annum by year 25. The RIA has identified audit costs to DTI of around £50,000 (every two or four years) to audit the vegetation management work of duty holders.