Background information - RIIO2 and Cadent's Business Plan 2021-2026
Summary of our RIIO-2 plan - RIIO2-infographic.pdf
Cadent's RIIO-2 Business plan - https://cadentgas.com/about-us/our-company/business-plan
Ofgem's Final Determination was published on 8 December 2020.
The price control known as RIIO-2 ensures gas distribution companies have enough revenue to run an efficient network that delivers what customers need, while investing to deliver the infrastructure needed for a Net Zero future. It stands for Revenues = Incentives + Innovation + Outputs.
RIIO-2 starts on 1st April 2021 and runs for five years until 2026.
Cadent is the UK’s largest gas distribution network with a 200-year legacy. We are in a unique position to build on strong foundations whilst encouraging the curiosity to think differently and the courage to embrace change. Day to day we continue to operate, maintain and innovate the UK’s largest gas network, transporting gas safely and protecting people in an emergency. Our skilled engineers and specialists remain committed to the communities we serve, working day and night to ensure gas reaches 11 million homes from Cumbria to North London and the Welsh Borders to East Anglia, to keep your energy flowing.
Cadent manages the national gas emergency service free phone line on behalf of the gas industry - 0800 111 999*
Cadent Gas Ltd is majority owned by a consortium of global investors.
*All calls are recorded and may be monitored.