11.07.2015 Views

January 2012 Capital Investment - National Grid

January 2012 Capital Investment - National Grid

January 2012 Capital Investment - National Grid

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Exhibit ___ (EIOP-19)Page 62 of 6842011 to <strong>2012</strong> Variance:Current investment forecasts are based on actual expenditures incurred under theInspection and Maintenance program and an expectation that the number of defectsfound in future year inspections will decrease as the inspection cycle repeats.Table III-3Inspection and MaintenanceProgram Variance ($millions)CIP FY12 FY13 FY14 FY15 FY16 FY17 Total2011 10.0 11.0 11.5 11.0 6.0 - 49.5<strong>2012</strong> - 13.4 12.7 11.0 11.0 11.0 59.1III-4 463

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!