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3.4.5 Monopoly

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1
Question 1

Figure 1: UK regional electricity distribution and transmission real price indices, 2012–2023 (2012 = 100)

YearElectricity Distribution Tariff IndexElectricity Transmission Tariff Index
2012100100
2013104103
2014109107
2015112111
2016110109
2017114112
2018118115
2019122120
2020125123
2021121119
2022128126
2023135131

With reference to Figure 1, explain one likely reason for the overall trend in the real price of electricity distribution and transmission services.

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3.4.5 Monopoly Questions

  1. A Level
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  3. /3.4.5 Monopoly