Notice to make modifications to the RIIO-ET1 PCFM for use in AIP 2017
Decision
Publication date
Industry sector
Transmission Network
Ofgem have issued a notice under Part B of Special Condition 5A of the Electricity Transmission Licence to propose to modify the ET1 Price Control Financial Model (PCFM). This is the version of the model we intend to use for the Annual Iteration Process (AIP) which will take place by the 30 November 2017.
The modification is not considered to have a significant impact. Full details and reasoning for making the change are set out in the attached notice.
If you would like to respond, please do so by Tuesday 26 September 2017.