In December we submitted our business plan to energy regulator, Ofgem, following more than two years of engagement with stakeholders and customers. The plan covers our £1.8bn plan to invest in the network between 2023-2028.
Ofgem are now reviewing all plans from network operators and as part of that process they are looking for further stakeholder feedback as part of their ‘call for input’. This is a great opportunity for you, independently as stakeholders, to put your points across directly to Ofgem to support the plan and stress to Ofgem the importance of those aspects of the plan that you have helped develop or are key to your organisation.
Ofgem’s call for input closes on 7 February and we would appreciate you sharing your support for either the plan as a whole, or any particular aspects of the plan that you feel strongly about for Ofgem to consider when making decisions on it.
Ofgem will be looking hard at justification for expenditure for things like net zero, environmental activity, resilience and support for customers in vulnerable circumstances. Post-pandemic the economic situation (and stakeholder feedback) shows that there should be a role for Electricity North West to provide additional services, for example to customers in vulnerable circumstances, but we expect some this to come under intense scrutiny.
These responses will form the basis of Ofgem’s ‘open hearing’ with us on 22 March to discuss our plan. As a stakeholder you are invited to observe, make points or ask questions at the hearing and we’d welcome your continued support. We will share more information on the 'open hearing' soon.
We thank you for your continued support. If you have any questions, please contact us at firstname.lastname@example.org.