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POWERING COMMUNITIES TO NET ZERO

We’ve published our ambitious final Business Plan for 2023-2028, which sets out how we intend to run and operate our networks for the 3.8 million homes and business we serve across the north of Scotland and central southern England.

Our networks are set to transform as we prepare to meet the new and rising electricity demands of the future, so we’ve built a plan with our customers and communities, for our customers and communities, to enable the transition to a net zero world.

DRAFT DETERMINATION RESPONSE: August 2022

FINAL SETTLEMENT OVERVIEW: February 2023

EXPLORE OUR PLAN

We are building a strong foundation to meet new demands and make a net zero world a reality for our customers and communities.

Co-created and shaped by those who matter most – our customers and stakeholders, we’ve listened to over 25,000 diverse voices, engaging at a scale and depth far beyond anything we have done before.

This extensive engagement has helped us shape six clear goals that we’ll deliver by 2028, that are built around our strategic outcomes.

In all of this, we will deliver a positive impact on society. Our plan includes 64 outputs which will deliver meaningful benefits for our customers and communities.

Please click below to explore these outputs in more detail.

Positive Impact on Society Diagram

A SUMMARY OF OUR RIIO-ED2 BUSINESS PLAN FROM MANAGING DIRECTOR CHRIS BURCHELL

 

THE RIIO-ED2 JOURNEY

RIIO-ED2 is the next electricity distribution price control period set by our regulator Ofgem, which will run from 2023-2028. Following extensive stakeholder engagement, we submitted our draft business plan to Ofgem in July 2021, before further refining the plan ahead of final submission in December 2021.

The ambitious £3.99bn business plan sets out how we intend to operate and develop our networks to serve over 3.8 million homes and businesses across the north of Scotland and central southern England both now, and in the future.