ED1 General Flashcards
Capitalisation rate?
80%
Losses pot value?
£32M
IIS outage hours limit?
12 hours
BMCS reward\penalty %
+/- 1.5% of vase revenues
Pass through items?
Rates, transmission exit charges, licence fees and smart metering
Uncertainty mechanisms?
Tax, load expenditure, smart metering interventions
Load expenditure reopener criteria?
+/- 20% and +/- 1% impact on base revenues after sharing mechanism
Tax trigger criteria?
+/- 1% change in tax rate with +/- 0.33% in base revenues.
% SPEN totex of upper quarter?
112%
Smart metering interventions reopener criteria?
Above 2% baseline target
Sharing mechanism?
53.5%
Notional gearing?
65%
Cost of equity?
6%
Cost of debt?
2.46%
WACC - post tax real
3.38%
CV and C table categories?
Load Non-load Non-op capex Other network costs CAI Business support Other costs within price control Other costs outwith price control HVP Moorside Non-activity based costs