RIIO-2 Tier 1 Stubs Repex Policy Re-opener Final Determinations 2025

Decision

As part of the RIIO-2 price control, network companies can apply for additional allowances via the Tier 1 Stubs Repex Policy Re-opener uncertainty mechanism. In October 2023 and March 2024, we received applications from SGN and Cadent respectively for additional allowances via this re-opener.

In November 2024, we consulted on our draft determinations and associated draft direction for these re-opener applications.

Our decisions, having taken account of all consultation responses, are set out in these Final Determinations. Alongside these Final Determinations, we are also publishing a statutory consultation on our proposals to modify the relevant Licensee’s licence to implement our decisions.