Timing of recovery of the close out values of the losses incentive mechanism of the Fourth Distribution Price Control Review (DPCR4)
- Content:
- Correspondence and other
- Publication date:
- Last updated:
- Topic:
- Energy network price controls
- Industry sector:
- Distribution Network
This letter confirms that the Authority is revisiting its decision that the DPCR4 losses close out values should be recovered over 2014-15 and 2015-16. Our current expectation is that the first year of recovery will be 2015-16.