Consultation on updates under CRC 4C Price control update provisions for WPD

Publication date
3rd February 2015
Closing date
17th February 2015
Policy area
Status

In May 2014 we amended the special conditions (Charge Restriction Conditions) of the electricity distribution licences held by the four licensees owned by Western Power Distribution plc (WPD) for RIIO-ED1. CRC 4C Price provides for updates to WPD’s licence.

We are consulting on changes to WPD’s Price Control Financial Handbook and Price Control Financial Model. We propose to update stipulated values and to align the common content of the ED1 Price Control Financial Handbook to that of the slow-track licensees.