P402: Enabling reform of residual network charging as directed by the Targeted Charging Review
Formal title: Enabling reform of residual network charging as directed by the Targeted Charging Review
Following the conclusion of its Targeted Charging Review Significant Code Review , Ofgem directed National Grid and certain LDSOs to make changes to how residual revenues are recovered through Distribution Use of System (DUoS) and Transmission Network Use of System (TNUoS) demand charges.
P402 will introduce new reporting requirements on LDSOs and BSCCo that will ensure the provision of data to enable the NETSO to set TNUoS demand residual tariffs and enable accurate billing of subsequent charges.
Listen to our podcast about enabling reform of residual network charging as directed by the Targeted Charging Review.
If you have any problems or issues downloading or accessing any of the supporting documents on this page then please contact the highlighted Lead Analyst.
The Panel made their final recommendation that the Alternative Solution should be approved and the Proposed Solution on 11 March 2021. P402 is now with Ofgem awaiting their decision.