Direction to modify the RIIO-ED1 PCFM with respect to SPMW Link Box cost allocation
Decision
Publication date
Company
Industry sector
Distribution Network
Licence type
Electricity Distribution Licence
On 06 August 2019 the Authority issued a notice under paragraph 4A.9 of Charge Restriction Condition 4A of the Electricity Distribution Licence. The proposed modification relates to the inclusion of allocation percentages within the “SPMW” sheet to allocate allowed Link Box Costs to “Non-load related capex – asset replacement” such that this amount is fed through to allowed revenue.
The Authority hereby directs the modification of the ED1 Price Control Financial Model (PCFM) in this manner.