RIIO-2 Non-operational IT Capex Re-opener Draft Determination: WWU 2024
Summary
Ofgem consults on whether to grant Wales and West Utilities additional IT capital expenditure allowances under RIIO-2's Non-Operational IT Re-opener mechanism. WWU applied in January 2023 for extra funding beyond their baseline allowance. The consultation closed 29 April 2024.
Why it matters
Routine price control administration that adjusts parameters within existing frameworks rather than changing incentive structures. WWU's IT costs flow through to gas distribution charges, ultimately paid by consumers.
Key facts
- •WWU applied January 2023
- •Consultation closed 29 April 2024
- •Uses existing Non-Operational IT Capex Re-opener mechanism
Timeline
Areas affected
Related programmes
Memo
RIIO-2 Non-operational IT Capex Re-opener Draft Determination: WWU 2024 | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: RIIO-2 Non-operational IT Capex Re-opener Draft Determination: WWU 2024 Publication type: Consultation Publication date: 27 March 2024 Closed date: 29 April 2024 Status: Closed (with decision) Topic: Energy network price controls Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn As part of the RIIO-2 price control, network companies can apply for additional allowances via the Non-Operational Information Technology Capex Re-opener uncertainty mechanism. In January 2023, we received an application from Wales and West Utilities Limited (WWU) for additional allowances via this Re-opener. We are now consulting on our Draft Determination and Draft Direction for this application. Respond name Joe Draisey Respond telephone joe.draisey@ofgem.gov.uk Main document WWU Draft Determination NOIT 2024 [PDF, 325.67KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close