faq

Will I have to provide any financial security prior to connection of my project?

On signature of an agreement with National Grid customers may be contractually obliged to secure the cost of any of the works being carried out to facilitate their connection, this is necessary in order to indemnify National Grid against the risk of a user terminating their agreement during construction, leaving National Grid with stranded assets. The security process is done on a bi-annual basis with the security periods being the 1 April – 30 September and 1 October - 31 March. Depending on the nature of your connection the types of works requiring security will differ. However in general users are asked to secure the cost of the following works –

• Connection Asset Works
• One-Off Works
• Wider System Reinforcement Works
• Sole User Works.

On connection and following the subsequent charging of your capacity with National Grid security for these works will fall away, with the exception of connection asset works. Connection assets are different as there is a requirement for the customer to pay for these. There are a number of options for paying for these assets. These are detailed in a seperate question within the FAQ guide.

Currently there is an ongoing project looking at security of works. This project is focusing on providing a new methodology to how customers will be asked to secure the costs of their works both now and going forward. For an overview of the project please click the following link  - CAP 131