Consultation on presumed interest rate for Network Innovation Competition (NIC) Projects
- Consultation status:
- Closed (with decision)
- Publication date:
- Closing date:
- Topic:
- Offshore electricity transmission
- Industry sector:
- Distribution Network,
- Offshore Transmission Network,
- Transmission Network
This letter seeks evidence on the level of interest payments licensees receive when they deposit the funding they use to implement NIC projects in a relevant bank account. Some stakeholders have noted that we should consider the interest payments licensees receive as part of making the minor amendments to the NIC Governance Document.
This consultation has closed and was not progressed further.
Respond name
Neil Copeland