Consultation on increasing DCC’s revenue at risk against the Operational Performance Regime
In May 2020, Ofgem consulted on revising the Operational Performance Regime (OPR) to optimise the financial incentives placed on the DCC to drive better performance. As a monopoly company, it is important that the DCC faces sufficient incentives to play its role well, delivering value for money and high quality services to support smart metering. This is key to ensure consumers are able to fully take advantage of the benefits of the smart meter rollout.
In response to the May 2020 consultation, stakeholders requested that Ofgem increase the incentive on the DCC to perform well against the OPR. Following these requests, Ofgem are proposing to increase the DCC’s revenue at risk against the OPR, achieving the aim of a stronger incentive.
Ofgem would implement this proposal through the OPR Guidance, which Ofgem will consult on in January 2021.
Who should respond?
The DCC’s stakeholders interested in the DCC’s operational performance.
Related Documents
Please find the consultation document here.
How to respond
Please contact smartmetering@ofgem.gov.uk by 27 November 2020.