The London Electricity Board was the public sector utility company responsible for the supply and distribution of electricity to domestic, commercial and industrial consumers in London prior to 1990. It also sold and made available for hire and hire-purchase domestic electrical appliances through local showrooms where electricity bills could also be paid. It was shortened to LEB in its green and blue logo, consisting of the three letters. As London Electricity plc it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.
History
The board was formed as the London Electricity Board (LEB) on 1 April 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947. The LEB was privatised in 1990 under the Electricity Act 1989, as London Electricity plc.
The company was acquired by Entergy, a US company, in 1996 and then by Électricité de France in November 1998.[1]