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16 Dec 2011
NiMO - New York Regulatory commission approves deferral account recovery of $240m

National Grid plc (“National Grid”) is today announcing that the New York Public Service Commission (NYPSC) has approved National Grid’s request to recover certain deferred costs, and some of ...

NiMO - New York Regulatory commission approves deferral account recovery of $240m  (pdf, 38KB, opens in a new window)
16 Dec 2011
Long Island Power Management services agreement to end in December 2013

National Grid plc (“National Grid”) has today announced that it has not been selected by the Long Island Power Authority (“LIPA”) to continue to manage and operate its

Long Island Power Management services agreement to end in December 2013 (pdf, 37KB, opens in a new window)
15 Dec 2011
National Grid accepts one year UK Transmission price control proposals

National Grid has accepted in principle Ofgem's final proposals for the one-year Transmission Owner price controls for the year ending 31 March 2013.

National Grid accepts one year UK Transmission price control proposals (pdf, 40KB, opens in a new window)
07 Dec 2011
Publication of proposed RIIO GD1 price controls for 2012 - 2021

As part of the process for agreeing new price controls (RIIO-GD1), National Grid has submitted to Ofgem business plans for its four UK Gas Distribution networks covering the period April 2013 to March ...

Publication of proposed RIIO GD1 price controls for 2012 - 2021 (pdf, 37KB, opens in a new window)
24 Oct 2011
Sale of Onstream metering business

National Grid plc ("National Grid") announced today that it has agreed the sale of Utility Metering Services (which trades as Onstream), a non-regulated metering business in the UK, to Macquarie Bank ...

Sale of Onstream metering business (pdf, 35KB, opens in a new window)
04 Aug 2011
Publication of RIIO-T1 Business Plans for 2013-2021

As part of the process for agreeing price controls (RIIO-T1) for National Grid’s UK gas and electricity transmission networks, National Grid has submitted to Ofgem a comprehensive business plan ...

Publication of RIIO-T1 Business Plans for 2013-2021 (pdf, 38KB, opens in a new window)
25 Jul 2011
Interim Management Statement for the period 1 April 2011 to 24 July 2011

HIGHLIGHTS Good start to 2011/11 -Solid operational and financial performance -US restructuring programme on track to deliver targeted annualised cost savings of $200m by March 2012 -Capital ...

Interim Management Statement for the period 1 April 2011 to 24 July 2011 (pdf, 48KB, opens in a new window)
01 Jul 2011
National Grid Appoints New Chairman

National Grid today announces the appointment of Sir Peter Gershon to succeed Sir John Parker as Chairman. He will join the Board on 1st August 2011 as Deputy Chairman and assume the role of Chairman ...

National Grid Appoints New Chairman (pdf, 43KB, opens in a new window)
07 Apr 2011
Conclusion of the independent review of US cost allocations

National Grid plc has received the conclusions of a comprehensive and independent five-month review of its accounting systems and practices across its US operations. More detail can be found in the ...

Conclusion of the independent review of US cost allocations (pdf, 33KB, opens in a new window)
29 Mar 2011
Ofgem RIIO announcement
31 Jan 2011
Restructuring and US Efficiency Programme

National Grid plc today announces a change of group executive responsibilities and a major restructuring of its US business to deliver more efficiently and cost-effectively its commitments to its ...

Restructuring and US Efficiency Programme (pdf, 44KB, opens in a new window)
31 Jan 2011
Interim Management Statement for the period to 31 January 2011

HIGHLIGHTS • Well positioned for 2010/11 with operating profit significantly ahead of last year • Earnings per share expected to be broadly in line with the restated level for 2009/101, ...

Interim Management Statement for the period to 31 January 2011 (pdf, 69KB, opens in a new window)
21 Jan 2011
Decision on Niagara Mohawk electric rate case

On 20 January 2011, Niagara Mohawk Power Corporation received the verbal decision from the New York Public Service Commission ("NYPSC") on its request to increase distribution and transmission rates ...

Decision on Niagara Mohawk electric rate case (pdf, 101KB, opens in a new window)