National Grid Electricity Transmission one-year price control

Ofgem final proposals (36 pages, PDF) for the 2006/2007 price control for National Grid's electricity transmission network business. The proposals include increases in the revenues allowed for tax and for future investment in asset renewals, together with a recovery of past over-spending on capital expenditure. Some elements of the settlement are explicitly exposed to the risk of being adjusted with retrospective effect as part of the ongoing review of transmission charges for 2007-2012. The deadline for National Grid to accept or reject the proposals is Friday 6 January 2006.

For further information or advice please contact Franck Latrémolière.

Filed under Electricity, Ofgem, Price controls.

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