Ofgem announces DCC Price Control consultation

Article summary

Ofgem has announced a consultation on the Data Communications Company (DCC) report on price control information for Regulatory Year 2020/21 and the proposals for adjustments to its Baseline Margin and External Contract Gain Share values. Ofgem notes the assessment of DCC’s costs as based on comparing DCC’s incurred costs and revised forecast with the prior year's forecast, and with DCC’s License Application Business Plan (LABP). The consultation outlines DCC’s total costs reported for the year as £628.4m as a 21% increase in total costs compared to last year’s forecasts. The consultation also acknowledges the increase in costs due to DCC not being able to forecast costs in light of a changing and complex backdrop of business and programme-related activities. The deadline for responses to the consultation is 22 December 2021.