Revised publication of the changes in the relevant Gas Transporters' single supply point charge and Retail Price Index effective from 1 January 2016
Correspondence and other
Publication date
Industry sector
Distribution Network
Letter dated 2 December 2015
We published the changes in the relevant Gas Transporters’ single supply point charge and Retail Price Index on 2 December 2015, however we have since identified an error in the calculation. This letter sets out the revised charges which Independent Gas Transporters’ (IGTs) will apply to their January billing cycle.
Special Condition 1 of the IGTs' licences sets out the arrangements for determining the maximum charge that licensees may levy on premises subject to the Relative Price Control (RPC) regime.
As part of these arrangements, the percentage change in the retail price index (RPI) and the percentage change in the weighted average of the relevant gas transporters’ single supply point charge (wSSP) are used to calculate the annual change in the floor and ceiling and the annual change in transportation charges. We publish both the RPI and wSSP each year in time for changes to take effect from 1 January of the following year.
Pursuant to Special Condition 1 of IGTs’ licences, this letter specifies:
- the wSSP for year 2015; and
- the RPI for year 2015.