Ofgem has today published the performance and financial annual reports for the 2019-20 year for electricity distribution, gas distribution, electricity transmission and gas transmission network companies:
RIIO – Electricity Transmission Annual report 2019-20
RIIO – Gas Transmission Annual report 2019-20
RIIO – Gas Distribution Annual report 2019-20
RIIO – Electricity Distribution Annual report 2019-20
RIIO - Regulatory Finance Annex 2019-20
RIIO stands for revenue = incentives + innovation + outputs. The price control for gas and electricity transmission and gas distribution networks began on 1 April 2013 and runs for eight years, to 2021. The price control for the electricity distribution network began on 1 April 2015 and runs for eight years, to 2023.
For media queries, contact Ofgem media manager Ruth Somerville:
Tel: 0207 901 7460/ 07766 511 470
Email: ruth.somerville@ofgem.gov.uk.