We support the principle of incentive-based regulatory regimes and where justified by performance, investors receiving a share of the rewards of efficiency sharing arrangements.
The development and implementation of the 2020-21 Default Market Offer (DMO) is an important opportunity to lock-in the downward trend in energy prices.
We agree in principle with the objectives proposed. We do however make suggestions about how to make them more succinct and easier to understand and apply.
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