Business Plan 2 Final Determinations - Electricity System Operator
Decision
Publication date
Industry sector
Transmission Network
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Decision for
RIIO is our approach to ensuring the monopoly companies who own and operate our gas and electricity networks have enough revenue to run an efficient network that delivers what customers need. RIIO stands for Revenues = Incentives + Innovation + Outputs.
We set out our Final Determinations for the Electricity System Operator (ESO)’s RIIO-2 price control in December 2020. As part of the RIIO-2 price control, the ESO has submitted a second Business Plan for its second Business Plan period (BP2). BP2 will cover the two-year period from 1 April 2023 to 31 March 2025.
This document sets out our Final Determinations following the consultation period for the Draft Determinations which ended 17 January 2023.