Decision to revise allowed expenditure for Link Box Costs
Decision
Publication date
Industry sector
Distribution Network
Ofgem introduced a number of uncertainty mechanisms for costs that were uncertain at the time of establishing the first RIIO electricity distribution price control (RIIO-ED1), which runs from 1 April 2015 to 31 March 2023. This includes re-opener mechanisms, which enable adjustments (up or down) to electricity distribution network operators’ allowances to accommodate costs associated with specific uncertain cost categories.
We consulted on our minded-to position to make a positive adjustment to SP Manweb’s (SPMW) allowance and no adjustment to South Eastern Power Networks Plc (SPN) allowance for Link Box Costs. We have decided to maintain our minded-to position for SPMW and SPN.