Regulating energy networks

Ofgem regulates the monopoly companies that run the gas and electricity transmission and distribution networks in Great Britain through price controls. ‘RIIO’ is the name for our network price controls. It stands for Revenue=Incentives+Innovation+Outputs.

Here you can view our latest network press releases, statements and blogs. For Coronavirus industry updates, please see our Coronavirus (COVID-19) section. For all other energy news, please see our news and press releases hub and investor relations section.

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Publications and updates

  • Published: 28th Nov 2014
  • Press releases
  • 0 Associated documents
Ofgem has today set out plans for five out of the six companies that run Britain’s local electricity network.

  • Published: 30th Jul 2014
  • Press releases
  • 0 Associated documents
Ofgem has today set out its proposed price control settlements for five of the six companies that run Britain’s local electricity network. This will see £17 billion spent to upgrade and maintain the network and at the same time produce average annual...

  • Published: 30th Jul 2014
  • Press releases
  • 0 Associated documents
We've today set out £17 billion for Britain's electricity network under our RIIO-ED1 price control, which will cut bills by an average of £12 a year for consumers.

  • Published: 24th Jul 2014
  • Press releases
  • 0 Associated documents
Ofgem has today secured an additional £3.3 million from SSE and UKPN after its investigation into the companies’ performance during the exceptional storms last Christmas in the south of England.

  • Published: 30th May 2014
  • Press releases
  • 0 Associated documents
Scottish and Southern Energy Power Distribution (SSEPD) pay £750,000 for not providing timely offers to connect some customers to the electricity network.

  • Published: 14th May 2014
  • Press releases
  • 0 Associated documents
Ofgem has shortlisted 11 projects which have passed the Initial Screening Process (ISP) for this year’s Innovation Competitions.

  • Published: 1st Apr 2014
  • Press releases
  • 0 Associated documents
We are proposing to make Distribution Network Operators (DNOs) double the minimum financial payments they make for customers who face long power cuts in severe weather.

  • Published: 6th Mar 2014
  • Press releases
  • 0 Associated documents
We are further investigating the performance of UKPN and SSE following the concerning findings of our report on energy companies' responses to the 2013 Christmas storms.

  • Published: 28th Feb 2014
  • Press releases
  • 0 Associated documents
Ofgem has today fast-tracked Western Power Distribution (WPD) after we assessed that the company’s business plan for the RIIO-ED1 period clearly demonstrates good value for consumers.

  • Published: 17th Feb 2014
  • Press releases
  • 0 Associated documents
Read about our guidance which will reduce the assumed cost of equity and cost of capital for electricity distribution companies

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