RIIO-ED1 will be the first electricity distribution price control review to reflect the new regulatory framework resulting from our RPI-X@20 review. The RIIO model (Revenue = Incentives + Innovation + Outputs) builds on the success of the previous RPI-X regime, but better meets the investment and innovation challenge by placing much more emphasis on incentives to drive the innovation needed to deliver a sustainable energy network at value for money to existing and future consumers.
We have recently published our strategy decision for RIIO-ED1. The overview document provides an outline of our proposals, while the supplementary annexes (which are saved as associated documents to the consultation) provide further details. The deadline for responding is closed.
For information on how to get involved in the price control review and details of our stakeholder engagement to date, please click here.
Publication of our strategy decision for RIIO-ED1