MPR: Modifications to the ET1 and GT1 PCFMs

Publication date
17th May 2017
Information types
Policy areas

In February 2017, we made our decision on the mid-period review (MPR) for RIIO-ET1 and RIIO-GT1.

We decided to reduce totex allowances for National Grid Electricity Transmission and Gas Transmission, while increasing allowances for the Electricity System Operator.

We have now consulted and decided on the modifications needed to the Price Control Financial Models (PCFMs) to implement the MPR decision. 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 in early October.