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: 31st Mar 2016
  • Decisions
  • 9 Associated documents
This direction sets out the modifications we are making to the Electricity Distribution Regulatory Instructions and Guidance.

  • Published: 22nd Mar 2016
  • Closed: 19th Apr 2016
  • Consultations and responses
  • 3 Associated documents
This notice corrects minor formula errors for the fast-track licences in the ED1 Price Control Financial Model. For ease of use, the attached model is also a consolidated version, containing calculations for all 14 licensees.

  • Published: 16th Mar 2016
  • Closed: 27th Apr 2016
  • Consultations and responses
  • 14 Associated documents
This paper gives our detailed proposals for changes to our funding regime under RIIO for established deficits in defined benefit pension schemes sponsored by network operators.

  • Published: 16th Mar 2016
  • Decisions
  • 0 Associated documents
Following our May 2015 Pension funding deficit policy consultation and responses received we have decided to consult further.

  • Published: 23rd Feb 2016
  • Closed: 22nd Mar 2016
  • Consultations and responses
  • 5 Associated documents
This notice sets out our proposed changes to correct typographical errors in Parts 1 and 2 of the ED1 Price Control Financial Handbook, amend dates in Part 3 of the Handbook.

  • Published: 23rd Feb 2016
  • Closed: 22nd Mar 2016
  • Consultations and responses
  • 9 Associated documents
We are proposing to issue a Business Plan Commitment Reporting Guidance under Standard Licence Condition 50 (SLC50).

  • Published: 23rd Feb 2016
  • Closed: 22nd Mar 2016
  • Consultations and responses
  • 12 Associated documents
This notice sets out our proposed changes to the Electricity Distribution Regulatory Instructions and Guidance.

  • Published: 23rd Feb 2016
  • Closed: 22nd Mar 2016
  • Consultations and responses
  • 6 Associated documents
This notice sets out our proposed changes to the ED1 Price Control Financial Handbook in order to correct typographical errors in Parts 1 and 2 and amend dates in Part 3.

  • Published: 12th Feb 2016
  • Decisions
  • 4 Associated documents
This is the direction to issue the Environment Report Guidance Document, which outlines the proposed content of the Environment Report and is intended to guide DNOs in drafting their report each year.

  • Published: 1st Feb 2016
  • Decisions
  • 5 Associated documents
Decision on re-submitted Distribution Network Owners (DNOs) Common Network Asset Indices Methodology.

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