We set price controls on the companies that run the gas and electricity networks in Great Britain to ensure that current and future consumers get the network services they require at a fair price. We do so through the RIIO model, where we set network company Revenues using Incentives to deliver Innovation and Outputs.
In December 2019, we published our decision on the Framework that would inform our design of the five-year price controls for electricity distribution (RIIO-ED2) that will start in April 2023. We are now consulting on the detailed sector methodology that we will use to apply this framework and help to set these price controls
The consultation period will close on 1 October 2020. Please send all responses by that date to RIIO2@ofgem.gov.uk.