NGET agrees to $23m settlement for Harker substation failures
Yahoo Finance·2026-03-11 14:13
National Grid Electricity Transmission (NGET) has agreed to a financial settlement with UK energy regulator Ofgem, totalling £20m ($23.25m), following failures at the Harker 132kV substation near Carlisle, Cumbria, North West England. This settlement will be directed into Ofgem’s Energy Industry Voluntary Redress Scheme as a result of NGET's acceptance of lapses in monitoring, maintaining and repairing civil assets between November 2016 and November 2021. The Harker substation is crucial for customers i ...