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RNS Number : 6552S OFGEM 08 November 2023
Today (Wednesday, 8 November, 2023) Ofgem is opening a consultation regarding
price control information provided by the Data Communications Company (DCC)
for the regulatory year 2022/23.
DCC, or Smart DCC Limited, is the central communications body appointed to
manage communications and data transfer for smart metering and holds the Smart
Meter Communication Licence.
Price Control arrangements restrict DCC's revenues to ensure that costs
incurred are economic and efficient. Ofgem proposes to disallow incurred costs
of £19.361m for Regulatory Year 2022/23, and £247.255m forecast costs over
the next three years.
The consultation will be open until 28 December 2023
More information can be found here:
https://www.ofgem.gov.uk/publications/dcc-price-control-consultation-regulatory-year-202223
(https://www.ofgem.gov.uk/publications/dcc-price-control-consultation-regulatory-year-202223)
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