Timing of recovery of the close out values of the losses incentive mechanism of the Fourth Distribution Price Control Review (DPCR4)

Correspondence and other

Publication date

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.

Main document

Timing of recovery of the close out values of the losses incentive mechanism of the Fourth Distribution Price Control Review (DPCR4)