1 / 3

Proposed DN Pensions Deficit Charge

Proposed DN Pensions Deficit Charge. Transmission Workstream 2 November 2006. Proposed DN Pensions Deficit Charge. Allowance in Transmission Price Control to be included for deficit in National Grid UK Pensions Scheme (formally LGPS)

helia
Download Presentation

Proposed DN Pensions Deficit Charge

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Proposed DN Pensions Deficit Charge Transmission Workstream 2 November 2006

  2. Proposed DN Pensions Deficit Charge • Allowance in Transmission Price Control to be included for deficit in National Grid UK Pensions Scheme (formally LGPS) • National Grid NTS to recover deficit cost relating to DN former employees, via new transportation charge on DNs • Annual allowance in respect of each DN to be “hard-coded” in NTS’ GT Licence and each DN GT Licence • Require: • UNC Modification Proposal required to define new charge type • Charging Methodology change to describe determination new charge amounts

  3. Proposed DN Pensions Deficit Charge – Next Steps • May need to raise UNC Modification Proposal at November Mod Panel meeting • Seek to implement by 1 Feb 2007 (to provide 2 months notice period for 1 April 2007) • Pricing Consultation Paper to be issued in early November

More Related