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London Electricity Board logo

London Electricity's main business is the supply and distribution of electricity to approximately 2 million customers in the metropolitan London area. London Electricity also has a number of other businesses such as owning and managing private electricity networks and metering businesses and also holds some interests in power generation.

However London Electricity is not actually a UK owned company. In November 1998 London Electricity was sold to Electricité de France (EDF), France’s national electrical utility, for £1.39 billion. And before that it was owned by a US utility company Entergy.

Electricité de France was established in 1946, and is one of the world’s largest utilities with revenues of £20.3 billion in 1997. It is an integrated public corporation that is independent of the French State in terms of its management and finances, not having received any form of subsidy for the last 15 years.



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