RIIO-ET1 Price Control Financial Model following the modifications to account for Electricity System Operator separation

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Transmission Network

On 23 August 2018, we published a Statutory Consultation on proposed modifications to the RIIO-ET1 Price Control Financial Model (PCFM), to implement the appropriate level of funding for National Grid Electricity Transmission (NGET) related to the Electricity System Operator (ESO) separation, as set out in the notice issued on 10 August 2018.

We have now consulted and decided to proceed with the proposed modifications.

This version of the PCFM implements the proposed modifications to account for ESO separation.

Please note that this latest version of the PCFM is not the final model for use in the 2018 AIP, which will be published in November.