RIIO-ED1: Direction to defer the application window for SHEPD Subsea Cables Costs uncertainty mechanism
Decision
Publication date
Industry sector
Distribution Network
On 4 March 2016, SHEPD submitted a request to the Authority seeking a deferral of the Subsea Cables Costs uncertainty application window as provided for under Charge Restriction Condition 3F.11(a) of its electricity distribution licence from the current application window that opens on 1 May and closes on 31 May 2016.
We have now made our decision to agree to SHEPD’s request to defer the application window for Subsea Cables Costs uncertainty mechanism to a window that opens on 1 May 2018 and closes on 31 May 2018, or such later dates as directed by Ofgem.