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Electricity Network Innovation Competition (NIC) Funding Direction - February 2023

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This direction sets out the amount that National Grid Electricity System Operator (NGESO) can recover from its customers in relation to the NIC.

It also specifies the net amounts to be transferred between NGESO and electricity network licensees in relation to their NIC projects.

Main document

[Electricity NIC Funding Direction [PDF, 133.86KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-02/Electricity%20NIC%20Funding%20Direction%202023%20Final%20for%20publish.pdf)

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