RIIO accounts: Update letter and next steps
Decision
Publication date
Industry sector
- Distribution Network
- Transmission Network
We consulted twice during 2015 to inform our work to develop and implement RIIO accounts. These new accounts once fully developed are intended to provide investors and other stakeholders with more transparent and relevant regulatory accounting information. This letter presents our decision on the project’s updated timeline following our November 2015 consultation principal question about the timeline. It also provides details of the ongoing work to develop RIIO accounts. We hope that during the summer we can review this work with all interested stakeholders.