RIIO-ED1 network price control

The RIIO-ED1 price control set the outputs that the 14 electricity Distribution Network Operators (DNOs) need to deliver for their consumers and the associated revenues they are allowed to collect for the eight-year period from 1 April 2015 to 31 March 2023.

RIIO-ED1 is the first electricity distribution price control to reflect the new RIIO (Revenue = Incentives + Innovation + Outputs) model for network regulation. RIIO is designed to drive real benefits for consumers. It provides the companies with strong incentives to step up and meet the challenges of delivering a low carbon, sustainable energy sector at value for money for existing and future consumers.
 
In February 2014 we published our decision to settle Western Power Distribution's price control early (termed 'fast-tracking'). We issued WPD’s licence conditions for RIIO-ED1 in May 2014.

In November 2014 we published our final settlements (final determinations) for the 10 companies remaining in the process. We issued their licence conditions implementing these determinations in February 2015.

Elements of the RIIO-ED1 price control were appealed to the Competition and Markets Authority (CMA) by a supplier, British Gas (BG) and a DNO, Northern Powergrid (NPg). The CMA published its decisions in September 2015. It upheld part of one of BG’s five grounds, and one of NPg’s three grounds. The decision on BG’s appeal applies to the 10 slow-track DNOs. NPg’s decision only applies to its two licensees. We have amended the licences according to the CMA’s orders, which we have published for reference below. The latest version of the licences can be accessed from the electronic public register.

Publications and updates

  • Published: 6th Nov 2015
  • Decisions
  • 1 Associated documents
Our approval to amend one of the initial routing questions in the electricity distribution customer satisfaction survey.

  • Published: 4th Nov 2015
  • Closed: 17th Dec 2015
  • Consultations and responses
  • 16 Associated documents
This is a second consultation on our proposal to introduce RIIO Accounts for network operators. RIIO Accounts should provide better financial performance information to investors than the Regulatory Accounts they would replace.

  • Published: 23rd Oct 2015
  • Decisions
  • 1 Associated documents
Decision and direction on the submitted by the DNOs Common Network Asset Indices methodology.

  • Published: 13th Oct 2015
  • Guidance
  • 2 Associated documents
Orders published by the Competition and Markets Authority following the British Gas and Northern Powergrid appeals of RIIO-ED1

  • Published: 7th Oct 2015
  • Decisions
  • 2 Associated documents
We have published the final version of the Losses Discretionary Reward (LDR) Guidance document. The document outlines the scope of the incentive and provides DNOs with an overview of both the submission and assessment process for the LDR.

  • Published: 28th Aug 2015
  • Closed: 9th Oct 2015
  • Consultations and responses
  • 26 Associated documents
We would like your feedback on how we and the Distribution Network Operators (DNOs) report on company performance during the current electricity distribution price control, RIIO-ED1.

  • Published: 28th Aug 2015
  • Closed: 9th Oct 2015
  • Consultations and responses
  • 26 Associated documents
We would like your feedback on how we and the Distribution Network Operators (DNOs) report on company performance during the current electricity distribution price control, RIIO-ED1.

  • Published: 21st Aug 2015
  • Closed: 21st Sep 2015
  • Consultations and responses
  • 11 Associated documents
Consultation on the Distribution Network Operators (DNOs) Common Network Asset Indices methodology submissions.

  • Published: 7th Aug 2015
  • Decisions
  • 1 Associated documents
In March 2015, we consulted on our Losses Discretionary Reward Guidance Document. This letter provides a summary of responses, our responses to them and any changes we have made to the guidance document as a result.

  • Published: 7th Aug 2015
  • Closed: 7th Sep 2015
  • Consultations and responses
  • 7 Associated documents
For the purposes of Special Licence Condition CRC 2G (The Losses Discretionary Reward), this Notice consults on the proposed text of the Losses Discretionary Reward Guidance Document and the proposed date by which it should take effect.

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