Financial news

2011

17 May 2012
Full year results for the year ended 31 March 2012
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11 May 2012
Publication of updated RIIO-GD1 business plans for 2013-2021
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30 April 2012
Filing for updated rate plans in Rhode Island utility
On 27 April 2012 National grid filed new rate plans with the Rhode Island Public Utilities Commission with respect of its Rhode Island gas and electric utility.
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30 April 2012
Filing for updated rate plans in upstate New York
On 27 April National Grid made a one year rate plan filing with the New York Public Service Commission in respect of its Niagra Mohawk gas and electric utility.
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09 March 2012
Publication of updated RIIO-T1 business plans for 2013 – 2021
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31 January 2012
Interim Management Statement: For the period ended 30 January 2012
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16 December 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 ...
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16 December 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
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15 December 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.
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07 December 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 ...
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24 October 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 ...
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04 August 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 ...
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25 July 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 ...
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01 July 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 ...
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07 April 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 ...
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29 March 2011
Ofgem RIIO announcement
On 18 March 2011 Ofgem made an announcement about RIIO.
31 January 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 ...
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31 January 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, ...
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21 January 2011
Decision on Niagra 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 ...
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