Statutory Consultation to modify the Price Control Financial Instruments and Licence conditions for Gas Transmission, Gas Distribution and Electricity Transmission

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

These modifications update the Special Conditions of the Gas Transporter and Electricity Transmission Licences, the Price Control Financial Models (PCFM) and the Price Control Financial Handbooks (PCFH) following the recent Price Control Financial Model working groups.

The Special Conditions of the Gas Transporter and Electricity Transmission licences, and 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 May 12th 2023.

Respond name

Michael Smith

Respond email

michael.smith@ofgem.gov.uk

Main document

[Statutory Consultation on ET, GT and GD PCFIs and Licence modifications [PDF, 215.74KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Statutory%20Consultation%20on%20ET%2C%20GT%20and%20GD%20PCFIs%20and%20Licence%20modifications%20%281%29%20%281%29.pdf)

Subsidiary documents

[Licence modifications - Schedule 1,2 and 3 [ZIP, 12.00MB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Licence%20modifications.zip)

[PCFI modifications - Schedule 4 and 5 [ZIP, 6.55MB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Price%20Control%20Financial%20Instruments%20%281%29.zip)

Response documents

[Consultation responses - Statutory Consultation to modify the Price Control Financial Instruments and Licence conditions for Gas Transmission, Gas Distribution and Electricity Transmission [ZIP, 1.87MB]

](https://www.ofgem.gov.uk/sites/default/files/2023-06/Consultation%20responses.zip)