AT A GLANCE
Challenges
Regulatory price control processes are inherently complex and wide-ranging
Creating a compelling and accessible business plan submission
Producing a submission which is in line capturing with complex Ofgem requirements
Meeting and managing stakeholder expectations
Benefits
Our client’s business plan was identified as the highest quality DNO business plan by the Independent Customer Challenge Group
We supported our client in its discussions with Ofgem, other network businesses and its Customer Engagement Group
Our independent advice helped to shape regulatory decisions
Our ability to provide flexible support helped keep the process on track
RIIO-ED2 price control support
“Stuart and the whole team at Complete Strategy provided invaluable support, insight and sound reasoning. Their ability to get to communicate to internal and external audiences sets them apart. Not only do they bring a wealth of experience, they’re willing to roll their sleeves up and go the extra mile. I couldn’t recommend Stuart and the Complete Strategy team more highly.”
Our client objectives
Our client asked us to support them across the RIIO-ED2 price control process, drawing on our extensive price control experience and our track record of providing insightful advice in a flexible and responsive manner.
Our approach
We embedded ourselves in our client’s team, working at all levels, providing support that spanned from their Executive team to their technical experts. We provided strategic regulatory advice, helped to develop incentives and other regulatory mechanisms, supported stakeholder conversations, assessed relevant regulatory developments and analysed insights from customer engagement activities.
Outcomes
We helped our client deliver a successful business plan submission
We developed a framework to assess performance commitments and incentives proposals and a triangulation methodology to determine insights from customer engagement
We supported management in their preparation for Open Hearings and analysed the findings from Ofgem’s Final Determination