Financial Provision for Capital Investment

Ron Morrison made this Freedom of Information request to Office of Gas and Electricity Markets

The request was successful.

From: Ron Morrison

20 October 2009

Dear Sir or Madam,

Would you confirm please whether or not you ensure that adequate
provision is made in the annual accounts of electricity & gas
suppliers for the renewal & replacement of transmission lines,
pipelines, processing facilities and generating capacity etc. The
taxpayer should not at some future date be faced with a fait
accompli situation whereby the State has to foot this bill - ie
privatisation of profit & socialisation of losses.
Yours faithfully,

Ron Morrison

Link to this

From: Ron Morrison

18 November 2009

Dear Sir or Madam,
I note that you have not responded to my enquiry for information
within what I consider a reasonable time - nor have I received an
acknowledgement.
I trust I shall not be obliged to remind you again ---

Yours faithfully,

Ron Morrison

Link to this

From: FOI
Office of Gas and Electricity Markets

19 November 2009

Apologies Mr Morrison but we have not received anything from you at all. We make a point of trying to acknowledge questions when they come in, so it is entirely possible it has been caught by the `Spam' filter. So I'm afraid I'm not even in a position to know what you want reviewed. What was the question please?

Regards

Paul Kitcher
Head of RIC
Information Management and Technology
9 Millbank
London
SW1P 3GE
Tel: 020 7901 7011
[mobile number]
www.ofgem.gov.uk

show quoted sections

Link to this

From: FOI
Office of Gas and Electricity Markets

19 November 2009

Mr Morrison,

Following up my earlier email the process is as follows;

Ofgem and Grid / Distribution levels agree investment levels during the five-yearly cycle of `Price Controls' (Transmission Price Control for the Electricity Grid, Transportation Price Control for the Gas Grid and Distribution Price Controls for either of the local distribution networks). This process includes agreeing appropriate investment levels. Details of the most recent price controls can be found on the Ofgem website.

www.ofgem.gov.uk

Companies then send annual accounting returns (regulatory accounts) to us through which we monitor the investment which takes place to ensure that what was planned and allowed for in the price controls actually happens.

The companies are required to publish this information in their annual `regulatory accounts which they are required to publish on their own websites.

Yours Sincerely

Paul Kitcher
Head of RIC
Information Management and Technology
9 Millbank
London
SW1P 3GE
Tel: 020 7901 7011
www.ofgem.gov.uk

show quoted sections

Link to this

From: Ron Morrison

19 November 2009

Dear FOI,
Thank you for your reply which meets my request.

Yours sincerely,

Ron Morrison

Link to this

Things to do with this request

Anyone:
Office of Gas and Electricity Markets only: