The table below provides a high-level overview of the key RIIO-T2 delivery milestones. These dates were issued by the industry regulator, Ofgem, and briefly outline the process we follow to develop and deliver our Business Plan for submission to Ofgem followed by eventual delivery of the plan in April 2021.
|March 2018||Ofgem publish RIIO-2 Framework Consultation|
|July 2018||Ofgem decision on RIIO-2 Framework Decision|
|December 2018||Ofgem publish RIIO-2 sector specific methodology consultation|
|Spring 2019||Ofgem decision on RIIO-2 sector specific methodology decision|
|Autumn/Winter 2019||SP Energy Networks submit final Business Plan to Ofgem|
|Summer 2020||Draft Determination from Ofgem to SP Energy Networks|
|Autumn/Winter 2020||Final Determination from Ofgem to SP Energy Networks|
|Spring 2021||SP Energy Networks’ Licence modified as required with Ofgem|
|1st April 2021||RIIO-T2 Price Control commences.|
You can also view the live RIIO-2 feed from Ofgem here.