Consultation on proposed modifications for an electricity distribution licence that we are minded to grant to Forbury Assets Limited

Publication date
18th December 2019
Closing date
22nd January 2020
Policy areas
Status

Under section 8A(2) of the Act, we propose to modify the standard conditions of the Licence, which we are minded to grant to Forbury Assets Limited by removing the entire of Section B (Additional Standard Conditions for Electricity Distributors who are Distribution Services Providers).

We also propose to insert into the Licence a new Section BA to include the following amended standard conditions:

Standard Licence Condition BA1. Not used;

Standard Licence Condition BA2. Regulation of charging arrangements;

Standard Licence Condition BA3. Credit Rating of Licensee; and

Standard Licence Condition BA4. Indebtedness.

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