RIIO-ED1 Business Plan Commitments Report 2022 - 2023

Business Plan for 2015-2023

In April 2015 we started our eight year RIIO-ED1 regulatory period. Find out more about our Business Plan and how we have performed against our commitments.

Our Business Plan for 2015 - 2023

We are now in the process of delivering our RIIO-ED1 electricity price control accepted by Ofgem. This period will end on March 2023. We have set about implementing our business plan within a financial framework that has required us to make further efficiency savings. Our electricity distribution charges represent around 16% of the electricity bill and has broadly remained flat before inflation until 2023. 

Our plans ensure that our customers benefit from further improvements in reliability and customer service, and our investment programme has so far delivered the required network capacity in our regions, which are the highest growth part of the UK. Throughout this period we have also embarked on our journey to becoming a Distribution System Operator (DSO). To find out more please visit our Smart Grid web page.

Our Business Plan for 2015 - 2023

We are now in the process of delivering our RIIO-ED1 electricity price control accepted by Ofgem. This period will end on March 2023. We have set about implementing our business plan within a financial framework that has required us to make further efficiency savings. Our electricity distribution charges represent around 16% of the electricity bill and has broadly remained flat before inflation until 2023. 

Our plans ensure that our customers benefit from further improvements in reliability and customer service, and our investment programme has so far delivered the required network capacity in our regions, which are the highest growth part of the UK. Throughout this period we have also embarked on our journey to becoming a Distribution System Operator (DSO). To find out more please visit our Smart Grid web page.

How we are performing

Consolidating our RIIO-ED1 Business Plan and our plans for the future

In 2013 we started planning our 2015 - 2023 regulatory period. In this section you can find our full Business Plan, how it evolved from our original thinking in 2013 and how it was informed by our customers and stakeholders. If you would like to find out more about our plans for the future, visit our RIIO-ED2 Business Plan page. 

You may also be interested in