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

  • Published: 27th Nov 2020
  • Charts and data, Decisions
  • 1 Associated documents
This is the Cost of Debt Indexation Model used for the Annual Iteration Process in November 2020.

  • Published: 27th Nov 2020
  • Decisions
  • 1 Associated documents
This is the RIIO-ED1 Price Control Financial Model following the completion of the Annual Iteration Process in November 2020.

  • Published: 21st Aug 2020
  • Charts and data
  • 1 Associated documents
RIIO-ED1 Price Control Financial Model for the Annual Iteration Process November 2020

  • Published: 7th Aug 2020
  • Closed: 7th Aug 2020
  • Consultations and responses
  • 3 Associated documents
This is a direction to modify the special licence conditions of the electricity distribution licence, and the ED1 Price Control Financial Model

  • Published: 7th Aug 2020
  • Closed: 7th Aug 2020
  • Consultations and responses
  • 1 Associated documents
Direction to modify the RIIO-ED1 PCFM with respect to SSEH subsea cables cost allocation rates, and other minor updates

  • Published: 2nd Jul 2020
  • Closed: 29th Jul 2020
  • Consultations and responses
  • 3 Associated documents
Proposed modifications to the ED1 Price Control Financial Model to facilitate SSE’s recovery of allowed expenditure in respect of Subsea Cables Expenditure.

  • Published: 1st Jul 2020
  • Closed: 29th Jul 2020
  • Consultations and responses
  • 4 Associated documents
This is a statutory consultation on our proposal to modify the special licence conditions of the electricity distribution licence, and the ED1 Price Control Financial Model.

  • Published: 29th Nov 2019
  • Decisions
  • 1 Associated documents
This is the RIIO-ED1 Price Control Financial Model following the completion of the Annual Iteration Process in November 2019.

  • Published: 29th Nov 2019
  • Charts and data, Decisions
  • 1 Associated documents
This model will calculate the Cost of Debt variable value for all four Price Controls for the AIP 2019.

  • Published: 6th Nov 2019
  • Guidance
  • 0 Associated documents
List of all ED1 PCFM modifications between AIP 2018 and the publication of the PCFM for use in AIP 2019.

Pages