History
Formed as the Yorkshire Electricity Board in 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947, it was privatised in 1990 as the Yorkshire Electricity Group plc.
In 1997 the company was acquired by American Electric Power (AEP) and Public Service Company of Colorado (part of Xcel Energy). In 2001 Innogy bought 94.75% of the company. 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.
Innogy was itself taken over by RWE. The supply company now trades as npower.
Read more about this topic: Yorkshire Electricity
Famous quotes containing the word history:
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“[Men say:] “Don’t you know that we are your natural protectors?” But what is a woman afraid of on a lonely road after dark? The bears and wolves are all gone; there is nothing to be afraid of now but our natural protectors.”
—Frances A. Griffin, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 19, by Susan B. Anthony and Ida Husted Harper (1902)
“There is nothing truer than myth: history, in its attempt to “realize” myth, distorts it, stops halfway; when history claims to have “succeeded” this is nothing but humbug and mystification. Everything we dream is “realizable.” Reality does not have to be: it is simply what it is.”
—Eugène Ionesco (b. 1912)