Approval of a reduced Notice period in respect of an additional amendment to the Charging Statement for Regulatory Year 2020/21
Decision
Publication date
Company
Industry sector
Supply and Retail Market
Licence type
Smart Meter Communication Licence
Smart DCC Ltd (DCC) has requested a reduced Notice period in respect of an additional amendment to the Charging Statement for Regulatory Year ending 31 March 2021 (RY2020/21) to reduce the monthly Fixed Charges.
We consent to the reduced Notice period of 7 days on the basis that DCC is proposing to reduce the Fixed Charges in order to return £12m to its customers, and so DCC customers benefit from the proposed amendments to the Charging Statement as they receive the money earlier than had DCC followed the standard correction factor process.