London Electricity Board

Last updated

London Electricity
Industry Electricity
Founded1948
Defunct1998
FateAcquired
Successor EDF Energy
Headquarters London, UK

The London Electricity Board was the public sector utility company responsible for the supply and distribution of electricity to domestic, commercial and industrial consumers in London prior to 1990. It also sold and made available for hire and hire-purchase domestic electrical appliances through local showrooms where electricity bills could also be paid. It was shortened to LEB in its green and blue logo, consisting of the three letters. As London Electricity plc it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.

Contents

History

The board was formed as the London Electricity Board (LEB) on 1 April 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947. The LEB was privatised in 1990 under the Electricity Act 1989, as London Electricity plc.

The company was acquired by Entergy , a US company, in 1996 and then by Électricité de France in November 1998. [1] It then traded under the name EDF Energy Networks as did the South Eastern and Eastern distribution companies also owned by EDF, until EDF sold them all under the name UK Power Networks to Hong Kong based investors in 2010.

Notable employees of the business include former prime minister John Major [2] and the former archbishop of Canterbury, George Carey. [3]

Chairmen of the LEB

Other members of the board were: Deputy Chairman C.G. Moss (1964, 1967), Full-time member C.A.F. Beaumont (1964, 1967).

Customers

The total number of customers supplied by the board were: [5] [6]

London Electricity Board customers, 1948–89
Year1948/91960/11965/61970/11975/61978/91980/11985/61987/81988/9
No. of customers, 1,000s1482178718481849184418721787184918871909


Existing electricity suppliers taken over at nationalisation

The Electricity (Allocation of Undertakings to Area Boards) Order 1948 (SI 1948/484) transferred the electricity business of the following local authorities and private companies to the new board effective 31 March 1948. [7]

Local authorities

  • Barking Corporation
  • Barnes Corporation
  • Battersea Borough Council
  • Beckenham Corporation
  • Bermondsey Borough Council
  • Bethnal Green Borough Council
  • Bexley Corporation
  • Bromley Corporation
  • Dartford Corporation
  • East Ham Corporation
  • Erith Corporation
  • Fulham Borough Council
  • Hackney Borough Council
  • Hammersmith Borough Council
  • Hampstead Borough Council
  • llford Corporation
  • Islington Borough Council
  • Leyton Corporation
  • Poplar Borough Council
  • St. Marylebone Borough Council
  • St. Pancras Borough Council
  • Shoreditch Borough Council
  • Southwark Borough Council
  • Stepney Borough Council
  • Stoke Newington Borough Council
  • Walthamstow Corporation
  • West Ham Corporation
  • Willesden Corporation
  • Wimbledon Corporation
  • Woolwich Borough Council

Private companies

Electricity sales

The amount of electricity sold, in GWh, by the LEB over its operational life was as follows: [5] [6]

References

  1. ↑ London Electricity goes to France BBC News, 30 November 1998
  2. ↑ John Major (1999). John Major: The Autobiography. Harper Collins. p. 30.
  3. ↑ "Dr Rowan Williams 104th Archbishop of Canterbury - The Archbishops from Augustine to Williams"
  4. 1 2 3 4 5 Who was Who
  5. 1 2 3 4 LEB Annual Reports
  6. 1 2 The Electricity Council (1990). Handbook of Electricity Supply Statistics. London: The Electricity Council. p. 56. ISBN   085188122X.
  7. ↑ "Electricity (Allocation of Undertakings to Area Boards) Order 1948" (PDF). legislation.gov.uk.

See also

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