We are publishing our decision on the Framework for the next electricity distribution price control, running from April 2028 to March 2033 (ED3).
On 6 November 2024 we published our ED3 Framework Consultation and sought views from Stakeholders on the framework for the next electricity distribution price control.
Our ED3 Framework Decision sets out the direction of travel for the ED3 price control. As we accelerate to net zero and our electricity demand increases, we need to ensure that local distribution network capacity stays ahead of the curve. We have a crucial opportunity to invest in and build the local electricity network infrastructure required for a clean and resilient energy system and we are bringing forward an ED3 framework that will drive investment, ensure resilience, and deliver for consumers.
We want ED3 to encourage a longer-term, more consistent and holistic approach to network planning. On wider parts of the framework, which relate to those areas outside of network investment, the framework will be closer in design to the existing RIIO-ED2 framework, with strong incentives to drive performance improvements for consumers.
We will now develop the methodology for applying the framework and will publish a consultation on the sector-specific methodology later this summer, where we will provide further detail on our approach.
ED3 will start on the 1 April 2028 and will run for a period of 5 years up to 31 March 2033.