Question
To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the Rate of Return on Equity for each of the Distribution Network Operators under Distribution Price Control Review 5.
Ofgem are responsible for regulating the electricity Distribution Network Operators (DNOs) and the setting of the price control review. Ofgem’s latest estimate for the Rate of Return on Equity for each of the DNOs is in the attached table which covers the years 2010-11 to 2013-14. The last year of Distribution Price Control Review 5 (2014-15) is still on-going.