 | |
| Company type | State owned government body and regulator |
|---|---|
| Industry | Energy: electricity |
| Predecessor | Central Electricity Authority (1955–1957), British Electricity Authority (1948–1955) |
| Founded | 1 January 1958 |
| Defunct | 9 November 2001 |
| Fate | Privatised throughout the 1990s |
| Successors |
|
| Headquarters | London, United Kingdom |
Area served | England and Wales |
| Products | Electricity generation, transmission and bulk sales |
| Revenue | 0.4264 p/kWh sold (1957–1958), 3.0371 p/kWh sold (1981–1982) |
| £340.3 million (1957–1958), £6,363.6 million (1981–1982) | |
| Net earnings £48.3 million (1957–1958), £295.7 million (1981–1982) | |
Number of employees | 65,410 (1972), 55,487 (1982) |
The Central Electricity Generating Board (CEGB) was responsible for electricity generation, transmission and bulk sales in England and Wales from 1958 until privatisation of the electricity industry in the 1990s.[1]
It was established on 1 January 1958 to assume the functions of the Central Electricity Authority (1955–1957), which had in turn replaced the British Electricity Authority (1948–1955). The Electricity Council was also established in January 1958, as the coordinating and policy-making body for the British electricity supply industry.