DIARY: Maitland advises National Grid on price regulation

National Grid, the electricity transmission company, has called in The Maitland Consultancy to advise on communications strategy during its battle with electricity regulator Stephen Littlechild.

National Grid, the electricity transmission company, has called in The

Maitland Consultancy to advise on communications strategy during its

battle with electricity regulator Stephen Littlechild.



Hired a fortnight ago on a project basis, the agency, headed by Angus

Maitland, is advising National Grid on how best to communicate its

objections to Littlechild’s proposals for new price controls.



In a surprisingly severe ruling last month Littlechild said he wanted to

cut revenues by pounds 1.2 billion over four years to finance a pounds 4

reduction in the average household bill. National Grid argues the

proposals would stunt dividend growth and force job cuts.



Peter Gavan, National Grid’s director of corporate affairs said that The

Maitland Consultancy had been recruited to ‘give advice on how best to

get across our arguments in relation to the regulator’s proposals’.



He added: ‘It is contingency planning as well as strategic advice. The

process is one of preparation for all eventualities and we have to keep

an eye to where we are going in the next six months.’



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