MPR: Statutory Consultation on modifications to the ET1 & GT1 PCFMs

Publication date
22nd March 2017
Closing date
21st April 2017
Policy areas
Status

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 are now consulting on the modifications needed to the Price Control Financial Models (PCFMs) to implement the MPR decision.

Please note that these models are provisional only. The PCFM for use in the 2017 AIP will be published in early October.

Please respond by Friday 21 April 2017.