In accordance with Section C8.11 – C8.13 of the SEC, in January of each year the Panel is required to set out a draft budget for the following three Regulatory Years commencing thereafter. Following consultation with Parties and Panel approval, the Approved Budget is published on the SEC Website to become effective on 1 April of that Regulatory Year.
The Draft Budget for the Regulatory Years 2021-2024 was approved by the Panel on 12 March 2021 and can be found below. The Approved Budget for 2021-2024 will become effective on 1 April 2021.
SEC Panel Approved Budget 2021 - 2024