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<p>Ofgem, as the independent energy regulator, uses the price control process to set
the amount that Network Operators can spend and the returns they can make on investment,
in a way that allows the funding needed for a more resilient, low-carbon network while
protecting consumers from excessive costs. The Government engages regularly with Ofgem
and the network companies throughout the development of the price controls. The next
electricity distribution network price control will commence in April 2023, with Final
Determinations from Ofgem expected shortly.</p>
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