In accordance with SC 8.2 of the Electricity Transmission and Gas Transporter Licence, we are consulting on a proposed modification to the GT2, ET2 and GD2 PCFM Guidance to reflect the introduction of a new category of PCFM Variable Value.
We propose to modify the GT2, ET2 and GD2 Price Control Financial Model (PCFM) to make the “Totex variant allowances allocation percentages” cells on the input sheets “blue box” or PCFM Variable Values, where they do not already contain an allocation percentage rate. We also propose to modify the GT2, ET2 and GD2 Price Control Financial Handbook (Handbook) to include the “Totex variant allowances allocation percentages” as a new category of PCFM Variable Value for consistency with the PCFM.
In line with this, we propose to also update the PCFM Guidance to include the “Totex variant allowances allocation percentages” as a new category of PCFM Variable Value for consistency with the PCFM and the Handbook.
Please respond to this proposed modification no later than 28 August 2021. We intend for this modification to be included within the Annual Iteration Process, due to conclude on 30 November 2021.