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21Oct93 UK: SMALL CHEER FOR CUT IN POWER BILLS.

Building materials producers this week gave a cautious welcome to National Grid Company plans to cut electricity bills.Since electricity privatisation, producers like Blue Circle and British Steel have had to swallow huge price rises.Under the plan, bills would be cut substantially in return for large users having supplies temporarily reduced or switched off when electricity demand peaks.Last year NGC paid generators £310 million to keep spare power plant in reserve to meet surges ...

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