Energy network company annual reports 2019-20
Ofgem has today published the performance and financial annual reports for the 2019-20 year for electricity distribution, gas distribution, electricity transmission and gas transmission network companies:
Notes to Editors
RIIO stands for revenue = incentives + innovation + outputs. The price control for gas and electricity transmission and gas distribution networks began on 1 April 2013 and runs for eight years, to 2021. The price control for the electricity distribution network began on 1 April 2015 and runs for eight years, to 2023.
For media queries, contact Ofgem media manager Ruth Somerville:
Tel: 0207 901 7460/ 07766 511 470
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