- Publication date
- 7th March 2018
- Closing date
- 2nd May 2018
- Policy areas
RIIO is our approach to ensuring the monopoly companies who run our gas and electricity networks have enough revenue to run an efficient network that delivers what customers need. RIIO stands for Revenues = Incentives + Innovation + Outputs.
We introduced RIIO for the gas distribution and gas and electricity transmission price controls in 2013. These are due to finish in 2021. We are now consulting on the framework for the next price control (RIIO-2). The consultation closes on 02 May 2018. We will make our decision in summer 2018.
We are also hosting a series of events on the proposed framework. Register for our events.