Ofgem has outlined plans to claw back more than £100 million in revenues from electricity distribution networks as part of the close down process for the RIIO ED1 price controls. The regulator said it is minded to reduce their revenues by £84.5 million and £36.6 million respectively through re-openers for load-related expenditure and high value projects but increase them by £19 million through a re-opener for street works.
Ofgem to claw back more than £100m from DNOs
