On 25 July, Ofgem set out changes to add three new variable values to the RIIO-ED1 for Shetland Extended Interim Energy Solution Costs. These would allow Scottish Hydroelectric Power Distribution to recover costs associated with managing the extension of services to meet demand on the island from 2019-20 to 2022-23, along with the ex-ante cost allowances for each term.
Introducing these new Variable Values requires functional modifications to the price control financial models which the regulator considers to be significant.
Responses to the consultation should be received by 3 August.
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