Vaccine mentality should be applied to zonal pricing

Introducing zonal electricity pricing could be carried out sooner than the five years that the government has said it would take, Octopus Energy’s Rachel Fletcher has told Utility Week. Fletcher said there is “no reason” why it should take so long and pointed to the accelerated roll out of the Covid-19 vaccines as an example of how much quicker governments can operate if they have to. The government vowed to further explore zonal pricing in its update on the Review of Electricity Market Arrangements (REMA). However, warned that it “would be complex and take significant time”.

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