Consultation on mid-period review parallel work

Publication date
24th February 2017
Closing date
21st April 2017
Policy areas
Status

In deciding to undertake our mid-period review (MPR) we identified areas we would like to look at further. We call this work stream MPR parallel work. MPR parallel work looks at both the transmission and gas distribution price controls.

We have looked at two outputs where it is unclear how we will hold companies to account. Our proposal is to focus on consumer outcomes rather than the output detail.

We have also identified two areas of the price controls where we think it is in consumers’ interests to make adjustments. 

First, we intend to delay the allowances provided to National Grid Electricity Transmission and SP Transmission due to the late delivery of the Western HVDC, a £1 billion subsea link. 

We also intend to accept National Grid Gas Distribution’s offer to refund consumers £53.9 million for medium pressure iron mains replacement work that has been delayed beyond this price control.

We are now seeking stakeholder views on our proposed approach.