RIIO-ET1 Financial Model following NGET Deferral

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.