Consultation on moving from RPI to CPIH as the inflation index for the Interest During Construction rate for projects under the Offshore Transmission Owner regime and Window 3 electricity interconnectors

Consultation
  • Upcoming
  • Open
  • Closed (awaiting decision)
  • Closed (with decision)
Publication date
Closed date
Industry sector
Transmission Network
Decision
Decision on 2024-25 Interest During Construction rates for offshore transmission projects and cap and floor interconnectors and modification to inflation metrics

Related links

We are consulting on the inflation index used in the annual decision on Interest During Construction rates. We would like views from people with an interest in this topic. We particularly welcome responses from developers of, and key counterparties of these projects. We would also welcome responses from other stakeholders and the public.

The consultation is open from 30 November 2023 to 22 January 2024.

How to respond

Please submit your responses by January 2024.

Email

Cap.Floor@Ofgem.gov.uk

 

Main document

Consultation on Inflation Index Changes to OFTO Projects and Window 3 Interconnectors [PDF, 238.90KB]

Response documents

DfE NI response [PDF, 62.92KB]
NGV response [PDF, 473.94KB]
ScottishPower response [PDF, 197.04KB]