Minded to decision on changes to severe weather-related Guaranteed Standards of Performance (GSOP) following the December 2013 storms

Decision

At the end of March, we consulted on potential changes to the severe weather standards in the Electricity (Standards of Performance) Regulations. These are known as the Guaranteed Standards of Performance (GSOP).

The key proposals were to:

  • double exceptional event payment levels
  • increase the cap per customer accordingly and
  • make payments automatic.

Our decision

For RIIO-ED1, the intention is that the following arrangements will apply for a category 1,2 and 3 severe weather event:

  • Initial payment - £70
  • Subsequent payment - £70
  • Cap per customer - £700

The proposed changes will be included as part of the formal consultation on the new Statutory Instrument (SI) for RIIO-ED1. We intend to commence work on the revised SI shortly and will be consulting on it later this year.