SHE Transmission PLC Price Control Financial Model (PCFM) after the Annual Iteration Process (AIP) in February 2015
Guidance
Publication date
Industry sector
Transmission Network
This copy of the RIIO ET1 Price Control Financial Model (PCFM) shows the changes to the licensee’s Base Revenue (the MOD value). This has been directed as a result of the Annual Iteration Process (AIP) for SHE Transmission PLC that took place by February 2015.
SHE Transmission PLC was excluded from the AIP run for November 2014, as a substantial investment in a project was being assessed which could have a significant impact on the modification to the licensee’s base revenue (MOD). In October 2014 we consulted on carrying out the AIP for SHETPLC in early 2015 after we had taken a decision on the project.