Decision under Part B of Special Condition 2A (Governance of GD1 Price Control Financial Instruments) of each Gas Transporter Licence

As part of the RIIO-GD1 Price Control, we are publishing a decision under Special Condition 2A of the Gas Transporter Licence, to modify the GD1 Price Control Financial Model for each of the Gas Transporter Licence Holders: National Grid Gas plc (with respect to its gas distribution networks); Northern Gas Networks Limited; Scotland Gas Networks plc; Southern Gas Networks plc; and Wales and West Utilities Limited.

The modifications to the GD1 Price Control Financial Model are detailed in Appendices 1 and 2 of the modification decision, which consists of:  

• Appendix 1  An Oak report setting out the modifications to the PCFM; and
• Appendix 2  A copy of the modified PCFM

This decision will take effect on and from 8 September 2015.