Direction to modify the ET1 Price Control Financial Model with respect to the allocation of Innovation roll out mechanism costs in SPTL

Publication date
5th September 2019
Information type
Policy area

On 06 August 2019 the Authority issued a noticeunder paragraph 5A.9 of Special Condition 5A of the Electricity Transmission Licence. The proposed modification reallocate SPTL’s Innovation roll out mechanism expenditure from various capex and opex categories to 100% load related capex expenditure. The Authority hereby directs those modifications to the ET1 Price Control Financial Model (PCFM).

This is the version of the model we will use for the Annual Iteration Process (AIP) which will take place by the 30 November 2019.