This consultation sought your views on whether there is benefit in making an earlier than proposed decision on the revenue that will be recovered by electricity distribution network operators (DNOs) in 2015-16.
We have decided to set 2015-16 revenue for each slow-tracked DNO based on the Draft Determination in July 2014. For fast-tracked DNOs we will fix 2015-16 revenue at the fast-track Final Determination in February 2014. We have also decided that any deferred revenue from 2015-16 will be recovered over the remaining years of RIIO-ED1.
This decision only affects the timing of our decision on revenue for 2015-16 and not any other aspect of the RIIO-ED1 timetable. The outcome of the RIIO-ED1 review will be a decision on the outputs that DNOs will need to deliver and related revenue for the eight year RIIO-ED1 price control period.