Regulation

Why are we regulated?

Gas networks are natural monopolies; consumers can't choose which network they want to use to transport gas to their homes and businesses.

To make sure that we and other gas networks don't exploit this and charge customers unfairly, we are regulated by Ofgem under a price control framework called RIIO.

Our performance

RIIO-2 came into effect in April 2021 and lasts for five years through to March 2026.

Our performance

Our regulatory framework

Ofgem's RIIO-2 framework consultation is a critical decision point that will not only shape the industry for the next five years but out to 2050 and beyond.

Our regulatory framework