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Decision modification of the Price Control Financial Model under Section 23(1)( a )of the Gas Act 1986

Content:
Decision
Publication date:
Last updated:
Industry sector:
Transmission Network
Decision for:
Modification notice under Section 23(2) of the Gas Act 1986

As part of the RIIO-GT1 Price Control we are publishing a decision under Section 23(1)(a) of the Gas Act 1986, to modify the GT1 Price Control Financial Model for National Grid Gas plc in respect of the National Transmission System.

The modifications to the GT1 Price Control Financial Model are detailed in Appendices 1 and 2 of the decision, which consists of:

  • Appendix 1  An Oak report setting out the modifications to the PCFM; and
  • Appendix 2  A copy of the modified PCFM

This  decision will take effect on and from 4 November 2015.

Main document

Decision modification of the Price Control Financial Model under Section 23(1)( a )of the Gas Act 1986 [PDF, 54.46KB]

Subsidiary documents

GT Appendix 1 PURE OAK comparing Nov2014 PCFM and revised PCFM (Doc GT6 v2) [XLS, 251.00KB]
GT Appendix 2 Revised PCFM (Doc GT2v2) [XLSM, 0.97MB]