RIIO-GD1 Financial Model following Mid Period Review Parallel Work with respect to LMP
Data
Publication date
Industry sector
Distribution Network
On 04 July 2017, we published a Statutory Consultation on the modifications needed to the RIIO-GD1 (PCFM) to implement our decisions to accept Cadent’s offer to refund consumers £53.9 million for work to replace medium pressure iron mains in central London, which Cadent has partly delayed to future price controls. This decision was made as part of our Mid Period Review Parallel work process.
This Price Control Financial Model (PCFM) implements the MPR Parallel Work decision.
Please note that these models are not the final PCFM for use in the 2017 AIP, which will be published during September.