Direction to modify the RIIO-ED1 PCFM for use in AIP 2017

Decision

Following the notice which Ofgem issued on 12 September 2017, under Part B of Charge Restriction Condition 4A of the Electricity Distribution Licence, this direction modifies the ED1 Price Control Financial Model (PCFM).

This is the version of the model we will use for the Annual Iteration Process (AIP) which will take place by the 30 November 2017.