Annual Review of GSP Group Caps and Supplier Charge Values Meeting Name Performance Assurance Board Meeting Date 26 May 2011 Purpose of paper For Decision Summary This paper sets out the recalculated GSP Group liability caps and Supplier Charge values for the BSC Year 2011/12. We have calculated these in accordance with Annex S-1, paragraph 3.7.3 of the BSC. We invite the PAB to approve the revised Caps and Charges, which we will apply for the reporting periods April 2011 to March 2012. 1. Introduction 1.1 Supplier Charges are subject to a national monthly cap. We calculate the cap across the 14 GSP Groups by their relative annual consumption compared to their total annual consumption for the previous year. 1.2 We recalculate the GSP Group liability caps annually in accordance with Annex S-1, paragraph 3.8 of the BSC. 1.3 The Retail Price Index (RPI) used to calculate the revised figures is included as Attachment 1 of this paper. The calculations made for the new GSP Group caps and Serial Supplier Charges are provided as Attachment 2 of this paper. 2. Calculations 2.1 We derived the changes to the GSP Group caps and Serial Supplier Charges using the percentage change of the RPI between January 2000 (166.6) and January 2011 (229.0) and adding 1. This provided an adjustment figure of 1.37 (to 2 decimal places), which we applied to the national monthly liability cap set out in the Annex S-1, paragraph 3.8.1 of the BSC ( 1,275,000). This gave a national cap for the period April 2011 to March 2012 of 1,752,551.02. Note that the adjustment figure was not rounded when used for the calculations. 2.2 We determined the individual GSP Group liability caps by applying the proportion of each GSP Group s annual take against the sum of the take for all GSP Groups up to 31 March 2011. This calculation is set out in Annex S-1, paragraph 3.7.3 of the BSC as follows: Page 1 of 4 ELEXON 2011
2.3 Table 1 below shows the recalculated GSP Group liability caps for the period April 2011 to March 2012. The table illustrates that caps have risen slightly due to the increase in the RPI. Five GSP Groups reduced consumption slightly but still saw an increase in their cap due to impact of RPI. Table 1 GSP Group GSP Group ID Previous Cap (2010-2011) New Cap (2011-2012) Eastern _A 189,827.95 202,693.18 East Midlands _B 154,095.05 162,301.01 London _C 170,082.64 177,479.92 Merseyside & North Wales _D 81,024.62 84,955.38 Midlands _E 139,833.70 148,909.44 Northern _F 78,344.26 85,381.30 North Western _G 131,176.06 135,079.70 Southern _H 184,989.50 191,330.87 South Eastern _J 117,490.92 123,530.18 South Wales _K 67,235.40 69,573.89 South Western _L 84,991.54 88,502.76 Yorkshire _M 124,755.66 134,308.01 South Scotland _N 107,963.58 111,470.39 North Scotland _P 35,791.16 37,034.99 2.4 We have also recalculated the individual Supplier Charges in line with RPI. We calculated these by applying the adjustment figure of 1.37 against the base sum for each Serial as defined in Annex S-1, paragraphs 3.1 to 3.6 of the BSC. Table 2 below sets out the Supplier Charges for April 2011 to March 2012. Page 2 of 4 ELEXON 2011
Table 2 Serial Current Supplier Serial Charge BSC Base Supplier Serial Charge Previous Supplier Serial Charge (2010-2011) New Supplier Serial Charge (2011-2012) SP08a (R3) SP08a (RF) SP08b (SF) SP08b (R1) SP08c (RF) Energy and Metering Systems on Annual Advances Energy and Metering Systems on Annual Advances Energy and Metering Systems Actual Readings Energy and Metering Systems Actual Readings Energy and Metering Systems Actual Readings 0.13 0.17 0.18 1.43 1.87 1.97 0.13 0.17 0.18 1.43 1.87 1.97 1.43 1.87 1.97 SP04 Installation of HH Metering 2.68 3.51 3.68 SP01 SP02 Provision of Routine Performance Monitoring Reports Provision of Routine Performance Monitoring Logs 25.50 33.35 35.05 25.50 33.35 35.05 3. Next Steps 3.1 Once approved, we will publish the recalculated liability caps and Supplier Charges on the ELEXON website and circulate a notice by Newscast. 4. Recommendations 4.1 We invite you to: a) APPROVE the monthly GSP Group liability cap for each GSP Group for the period April 2011 to March 2012, as set out in paragraph 2.3; b) APPROVE the individual Supplier Charge values for each Serial for the period April 2011 to March 2012, as set out in paragraph 2.4; and Page 3 of 4 ELEXON 2011
c) NOTE that ELEXON will publish the approved GSP Group liability cap for each GSP Group and Supplier Charge values for each Serial on the ELEXON website. Attachments: Attachment 1 Retail Price Index Attachment 2 Calculations Spreadsheet For more information, please contact: Oliver Meggitt Settlement Analyst Oliver.Meggitt@elexon.co.uk 020 7380 4143 Page 4 of 4 ELEXON 2011
Retail Prices Index (RPI) all items RP02 Annual average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec June 1947=100 - DODO 1947.. 100.0 100.7 100.1 100.6 101.3 103.4 103.7 1948 107.7 104.2 106.1 106.4 107.9 107.8 109.7 108.0 108.0 108.2 108.4 108.7 108.8 1949 110.7 109.0 109.2 108.9 108.6 110.6 111.1 111.2 111.3 111.7 112.3 112.3 112.6 1950 114.1 112.9 113.2 113.5 113.9 114.2 113.6 113.6 113.2 113.9 115.1 115.6 116.2 1951 124.5 117.3 118.4 119.2 121.1 124.1 124.5 126.4 127.0 127.9 128.8 129.3 130.2 1952.. 132.5...................... Januar y 1952=100 - DODP 1952 102.6 100.0 100.1 100.6 102.2 102.2 103.9 103.8 103.2 103.0 103.9 103.8 104.5 1953 105.8 104.4 104.7 105.4 106.4 106.0 106.6 106.6 105.9 105.7 105.7 106.0 105.6 1954 107.7 105.8 105.6 106.6 107.0 106.7 107.3 109.1 108.4 108.2 108.7 109.2 109.8 1955 112.6 110.2 110.2 110.2 110.8 110.6 112.9 113.3 112.5 113.2 114.4 116.2 116.2 1956.. 115.8...................... Januar y 1956=100 - DODQ 1956 102.0 100.0 100.0 101.3 102.7 102.5 102.4 102.0 102.3 102.1 102.7 103.1 103.4 1957 105.8 104.4 104.3 104.1 104.5 104.6 105.7 106.6 106.4 106.1 107.1 107.7 108.2 1958 109.0 108.1 107.6 108.4 109.6 109.2 110.2 108.5 108.3 108.4 109.4 109.8 110.2 1959 109.6 110.4 110.3 110.3 109.5 109.1 109.3 109.0 109.3 108.7 109.2 110.0 110.2 1960 110.7 109.9 109.9 109.7 110.3 110.3 110.9 111.1 110.4 110.5 111.4 111.9 112.2 1961 114.5 112.3 112.3 112.7 113.3 113.6 114.6 114.6 115.7 115.5 115.7 116.9 117.1 1962.. 117.5...................... Januar y 1962=100 - CZVJ 1962 101.6 100.0 100.1 100.5 101.9 102.2 102.9 102.5 101.6 101.5 101.4 101.8 102.3 1963 103.6 102.7 103.6 103.7 104.0 103.9 103.9 103.3 103.0 103.3 103.7 104.0 104.2 1964 107.0 104.7 104.8 105.2 106.1 107.0 107.4 107.4 107.8 107.8 107.9 108.8 109.2 1965 112.1 109.5 109.5 109.9 112.0 112.4 112.7 112.7 112.9 113.0 113.1 113.6 114.1 1966 116.5 114.3 114.4 114.6 116.0 116.8 117.1 116.6 117.3 117.1 117.4 118.1 118.3 1967 119.4 118.5 118.6 118.6 119.5 119.4 119.9 119.2 118.9 118.8 119.7 120.4 121.2 1968 125.0 121.6 122.2 122.6 124.8 124.9 125.4 125.5 125.7 125.8 126.4 126.7 128.4 1969 131.8 129.1 129.8 130.3 131.7 131.5 132.1 132.1 131.8 132.2 133.2 133.5 134.4 1970 140.2 135.5 136.2 137.0 139.1 139.5 139.9 140.9 140.8 141.5 143.0 144.0 145.0 1971 153.4 147.0 147.8 149.0 152.2 153.2 154.3 155.2 155.3 155.5 156.4 157.3 158.1 1972 164.3 159.0 159.8 160.3 161.8 162.6 163.7 164.2 165.5 166.4 168.7 169.3 170.2 1973 179.4 171.3 172.4 173.4 176.7 178.0 178.9 179.7 180.2 181.8 185.4 186.8 188.2 1974.. 191.8...................... Januar y 1974=100 - CBAB 1974 108.5 100.0 101.7 102.6 106.1 107.6 108.7 109.7 109.8 111.0 113.2 115.2 116.9 1975 134.8 119.9 121.9 124.3 129.1 134.5 137.1 138.5 139.3 140.5 142.5 144.2 146.0 1976 157.1 147.9 149.8 150.6 153.5 155.2 156.0 156.3 158.5 160.6 163.5 165.8 168.0 1977 182.0 172.4 174.1 175.8 180.3 181.7 183.6 183.8 184.7 185.7 186.5 187.4 188.4 1978 197.1 189.5 190.6 191.8 194.6 195.7 197.2 198.1 199.4 200.2 201.1 202.5 204.2 1979 223.5 207.2 208.9 210.6 214.2 215.9 219.6 229.1 230.9 233.2 235.6 237.7 239.4 1980 263.7 245.3 248.8 252.2 260.8 263.2 265.7 267.9 268.5 270.2 271.9 274.1 275.6 1981 295.0 277.3 279.8 284.0 292.2 294.1 295.8 297.1 299.3 301.0 303.7 306.9 308.8 1982 320.4 310.6 310.7 313.4 319.7 322.0 322.9 323.0 323.1 322.9 324.5 326.1 325.5 1983 335.1 325.9 327.3 327.9 332.5 333.9 334.7 336.5 338.0 339.5 340.7 341.9 342.8 1984 351.8 342.6 344.0 345.1 349.7 351.0 351.9 351.5 354.8 355.5 357.7 358.8 358.5 1985 373.2 359.8 362.7 366.1 373.9 375.6 376.4 375.7 376.7 376.5 377.1 378.4 378.9 1986 385.9 379.7 381.1 381.6 385.3 386.0 385.8 384.7 385.9 387.8 388.4 391.7 393.0 1987.. 394.5...................... ISSUED BY: Office for National Statistics Pr ices Division 1.227, Cardiff Road, Newpor t, South Wales NP10 8XG Tel: 01633 456900 Fax: 01633 652536
Retail Prices Index (RPI) all items RP02 continued Annual average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Januar y 1987=100 - CHAW 1987 101.9 100.0 100.4 100.6 101.8 101.9 101.9 101.8 102.1 102.4 102.9 103.4 103.3 1988 106.9 103.3 103.7 104.1 105.8 106.2 106.6 106.7 107.9 108.4 109.5 110.0 110.3 1989 115.2 111.0 111.8 112.3 114.3 115.0 115.4 115.5 115.8 116.6 117.5 118.5 118.8 1990 126.1 119.5 120.2 121.4 125.1 126.2 126.7 126.8 128.1 129.3 130.3 130.0 129.9 1991 133.5 130.2 130.9 131.4 133.1 133.5 134.1 133.8 134.1 134.6 135.1 135.6 135.7 1992 138.5 135.6 136.3 136.7 138.8 139.3 139.3 138.8 138.9 139.4 139.9 139.7 139.2 1993 140.7 137.9 138.8 139.3 140.6 141.1 141.0 140.7 141.3 141.9 141.8 141.6 141.9 1994 144.1 141.3 142.1 142.5 144.2 144.7 144.7 144.0 144.7 145.0 145.2 145.3 146.0 1995 149.1 146.0 146.9 147.5 149.0 149.6 149.8 149.1 149.9 150.6 149.8 149.8 150.7 1996 152.7 150.2 150.9 151.5 152.6 152.9 153.0 152.4 153.1 153.8 153.8 153.9 154.4 1997 157.5 154.4 155.0 155.4 156.3 156.9 157.5 157.5 158.5 159.3 159.5 159.6 160.0 1998 162.9 159.5 160.3 160.8 162.6 163.5 163.4 163.0 163.7 164.4 164.5 164.4 164.4 1999 165.4 163.4 163.7 164.1 165.2 165.6 165.6 165.1 165.5 166.2 166.5 166.7 167.3 2000 170.3 166.6 167.5 168.4 170.1 170.7 171.1 170.5 170.5 171.7 171.6 172.1 172.2 2001 173.3 171.1 172.0 172.2 173.1 174.2 174.4 173.3 174.0 174.6 174.3 173.6 173.4 2002 176.2 173.3 173.8 174.5 175.7 176.2 176.2 175.9 176.4 177.6 177.9 178.2 178.5 2003 181.3 178.4 179.3 179.9 181.2 181.5 181.3 181.3 181.6 182.5 182.6 182.7 183.5 2004 186.7 183.1 183.8 184.6 185.7 186.5 186.8 186.8 187.4 188.1 188.6 189.0 189.9 2005 192.0 188.9 189.6 190.5 191.6 192.0 192.2 192.2 192.6 193.1 193.3 193.6 194.1 2006 198.1 193.4 194.2 195.0 196.5 197.7 198.5 198.5 199.2 200.1 200.4 201.1 202.7 2007 206.6 201.6 203.1 204.4 205.4 206.2 207.3 206.1 207.3 208.0 208.9 209.7 210.9 2008 214.8 209.8 211.4 212.1 214.0 215.1 216.8 216.5 217.2 218.4 217.7 216.0 212.9 2009 213.7 210.1 211.4 211.3 211.5 212.8 213.4 213.4 214.4 215.3 216.0 216.6 218.0 2010 223.6 217.9 219.2 220.7 222.8 223.6 224.1 223.6 224.5 225.3 225.8 226.8 228.4 2011.. 229.0 231.3 232.5.................. ISSUED BY: Office for National Statistics Pr ices Division 1.227, Cardiff Road, Newpor t, South Wales NP10 8XG Tel: 01633 456900 Fax: 01633 652536