Consultation on our minded-to position to revise allowed expenditure for Subsea Cable Costs
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closing date
- Industry sector
- Distribution Network
- Decision
Ofgem introduced a number of uncertainty mechanisms for costs that were uncertain at the time of establishing the first RIIO electricity distribution price control (RIIO-ED1), which runs from 1 April 2015 to 31 March 2023. This includes re-opener mechanisms, which enable adjustments (up or down) to electricity distribution network operators’ allowances to accommodate costs associated with specific uncertain cost categories.
This consultation sets out our minded-to position to make a positive adjustment for Scottish Hydro Electric Power Distribution (SHEPD) allowances for Subsea Cable Costs.