Modifications to the ET1 & GTD1 PCFMs to account for the London medium pressure refund and the National Grid voluntary allowance deferral
Decision
On 04 July 2017, we published a Statutory Consultation on the modifications needed to the RIIO-ET1 and RIIO-GD1 Price Control Financial Models (PCFMs) to implement our decisions to:
We have now consulted and decided on the modifications needed to the Price Control Financial Models (PCFMs) to implement the MPR Parallel Work decision, with respect to the LMP decision, and the NGET deferral. Individual PCFMs are published on their respective pages.
Please note that these models are not the final PCFM for use in the 2017 AIP, which will be published during September.