Electricity and Gas Newsletter* – Issue 4

May 2008

Welcome to the fourth edition of the PricewaterhouseCoopers Electricity & Gas group newsletter.

In this issue we present another selection of articles from our industry experts, covering a range of topics within the accounting, tax and advisory arenas. This includes:

• We examine the recent Ofgem announcement to commence a two year review of the current, RPI-X regime of incentive regulation. We look at the new challenges this faces and whether the current approach can continue to deliver in the future.
• With numerous recent well publicised data breaches we take a look at preventing data compromise and how to ensure that your customers feel that their personal data is safe in your hands.
• We introduce the PricewaterhouseCoopers Total Tax Contribution Framework. This has been developed by us to help companies improve transparency around all of the business taxes they pay. Using feedback from the Hundred Group we highlight the particular relevance that it can have in the utilities sector.
• Finally, we launch our Power Deals 2007 Annual Review. This annual publication monitors mergers and acquisitions activity in the electricity and gas market in the key regions around the world.