Scottish and Southern Electricity Networks is responsible for maintaining and operating the electricity distribution networks across central southern England and northern Scotland. As the regional monopoly in this activity, we are regulated by the Office of Gas and Electricity Markets (Ofgem) through a ‘price control’.
Amongst other things, this determines the amount of revenue we can earn to cover the efficient cost of maintaining and developing the network. The current price control runs from April 2015 to 31 March 2023 and was implemented under a new regulatory framework, known as the RIIO model (revenue = incentives+innovation+outputs).
The RIIO model is based upon Incentives, Innovation and Outputs, and it is our performance against these areas which determines the amount of Revenue we receive each year. Visit Ofgem's website for more information about the review.
Distribution price control review