Statutory consultation to modify the Price Control Financial Instruments and licence conditions for gas distribution, gas transmission, electricity transmission and electricity distribution

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Statutory consultation on proposals to modify the GT2, ET2, ED2 and GD2 Price Control Financial Instruments and licence conditions.

These modifications update the special conditions of the Gas Transporter licence and the Price Control Financial Instruments (PCFIs) for RIIO-GD2, RIIO-GT2, RIIO-ED2 and RIIO-ET2 following the recent Price Control Financial Model working groups.

The Price Control Financial Handbooks (PCFHs) are tracked to show the location of modifications relative to previously published versions.

We are seeking feedback on the proposed modifications on or before 14 May 2024.

Respond name

Michael Smith

Respond email

michael.smith@ofgem.gov.uk

Main document

[Statutory Consultation on ET, GT, ED and GD PCFIs and Licence modifications [PDF, 398.12KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-04/Statutory%20Consultation%20on%20ET%2C%20GT%2C%20ED%20and%20GD%20PCFIs%20and%20Licence%20modifications.pdf)

Subsidiary documents

[PCFI modifications - Schedule 1 and 2 [ZIP, 10.75MB]

](https://www.ofgem.gov.uk/sites/default/files/2024-04/Price%20Control%20Financial%20Instruments.zip)

Response documents

[NGET and NGED response [PDF, 112.54KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-06/NGET_and_NGED_Response.pdf)

[NGN response [PDF, 395.26KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-06/NGN_Response.pdf)

[NGT response [PDF, 120.65KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-06/NGT_response.pdf)

[NPG response [PDF, 167.08KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-06/NPG_Response.pdf)

[SSEN response [PDF, 257.27KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-06/SSEN_Response.pdf)

[UKPN response [PDF, 118.94KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-06/UKPN_Response.pdf)

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