RIIO-ED1 Financial Model

The Annual Iteration Process for the RIIO-ED1 Price Control Financial Model (PCFM) is used to calculate the value of the term MOD for use in the formula for Base Demand Revenue contained in Special condition CRC 2A of Electricity Distribution Licenses. The first Annual Iteration Process for the RIIO-ED1 PCFM took place on 30 November 2015. A description of the Annual Iteration Process is contained in the ED1 Price Control Financial Handbook (the handbook).

This page contains the current versions of the PCFM and handbook.

It should be noted that the total amount of allowed price control revenue for each licensee contains other components in addition to Base Demand Revenue – reference should be made to Special condition CRC 2A for further details.

Publications and updates

RSS Feed

RIIO-ED1 Price Control Financial Model for the Annual Iteration Process November 2019

Published: 5th Sep 2019
Charts and data
1 Associated documents

This is the ED1 Price Contol Financial Model that we intend to use for the Annual Iteration Process planned to take place by 30 November 2019.

Decision on statutory consultation to modify the RIIO-ED1 Price Control Financial Instruments for Shetland Extended Interim Energy Solution Costs

Published: 5th Sep 2019
Decisions
4 Associated documents

Decision to modify the ED1 Price Control Financial Instruments to give effect to our decision on allowed costs for Scottish Hydro Electric Power Distribution (SHEPD) for the Shetland Extended Interim Energy Solution.

Direction to modify the RIIO-ED1 PCFM with respect to SPMW Link Box cost allocation

Published: 5th Sep 2019
Decisions
1 Associated documents

Direction to modify the ED1 Price Control Financial Model to facilitate Scottish Power Manweb’s (SPMW) recovery of allowed expenditure in respect of Link Box Costs

Notice to modify the RIIO-ED1 PCFM with respect to SPMW Link Box cost allocation

Published: 6th Aug 2019
Open letters and correspondence
3 Associated documents

Proposed modifications to the ED1 Price Control Financial Model to facilitate Scottish Power Manweb’s (SPMW) recovery of allowed expenditure in respect of Link Box Costs

Statutory Consultation to modify the RIIO-ED1 Price Control Financial Instruments for Shetland Extended Interim Energy Solution Costs

Published: 25th Jul 2019
Closed: 23rd Aug 2019
Consultations and responses
5 Associated documents

We are proposing modifications to the ED1 Price Control Financial Instruments to give effect to our decision on allowed costs for Scottish Hydro Electric Power Distribution (SHEPD) for the Shetland Extended Interim Energy Solution.