- Publication date
- 4th August 2017
- Information type
- Policy area
On 04 July 2017, we published a Statutory Consultation on the modifications needed to the RIIO-ET1 (PCFM) to implement our decisions to accept National Grid Electricity Transmission’s offer to defer voluntarily a total of £480m of its allowances with respect to non-variant load and asset replacement expenditures.
This Price Control Financial Model (PCFM) implements the NGET Deferral.
Please note that these models are not the final PCFM for use in the 2017 AIP, which will be published during September.