SEMO Revenue Requirements for 2017/18 - SEM-17-054
The SEM Committee has today, 27th of July 2017, published an Information Paper detailing the Revenue allowance for SEMO for 2017/2018.
The current SEMO price control runs from 2016 to 2019 and was designed to cover a period spanning over three tariff years. As a result of a stocktake exercise taken in November 2016, the RAs decided to extend the I-SEM go live date from October 2017 to May 2018, which represents an additional 8 months for the ‘active’ period of the 2016-2019 SEMO price control.
This extension of the SEM active period necessitates an adjustment of the revenue requirement for the 2017/18 tariff period.