RIIO-ED1 Price Control Financial Model following the annual Iteration Process 2015

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These are the RIIO-ED1 Price Control Financial Models (PCFM) following the Annual Iteration Process (AIP) that took place by the 30 November in Regulatory Year 2015/16. At present there are two PCFMs, one for the four fast-tracked Western Power Distribution licensees and one for the remaining ten slow-tracked licensees.

The variable values have been updated to reflect the AIP and the model has calculated the latest value for the modification of base revenue (MOD) term for Regulatory Year 2016/17.