Ofgem confirms RIIO-ED2 price control
The next electricity distribution price control will start on April 2023 and run to March 2028
Tag: price controls
RIIO-2 price control: Energy Networks Association responds
David Smith, CEO of the ENA said: 'Achieving net zero emissions requires sustained…
Ofgem finalises RIIO-2 price control to direct £40m of funding into electricity network
Approximately £30bn will help establish a 'stronger, greener and fairer GB energy…
Competition watchdog to examine Ofwat’s price review after appeals
Last December, the regulator said water companies across England and Wales must cut their bills…
NAO: Consumers paying ‘higher than necessary’ for electricity due to Ofgem’s regulations
The National Audit Office found households across Britain have paid at least £800m more because…
Ofgem confirms plans to slash returns for energy network companies
National Grid is 'disappointed' with the proposals and the Energy Networks…
Ofgem reduces base network company revenues by £827m
The energy regulator has made a series of adjustments to the revenue it allows networks to…
Independent panel to scrutinise energy network firms’ business plans
It is for the next price controls set by Ofgem on how much the firms can charge for running the…
Ofgem confirms five-year price control for network companies
It is expected to deliver savings worth more than £5bn for consumers
Tighter rules for network firms to save £5bn on energy bills
The price controls will come into force in 2021 and are also expected to significantly reduce…
