National Grid: regulatory asset base 2022

In financial year 2022, the regulated asset value of United Kingdom-based utility company National Grid Plc stood at 45.37 billion British pounds. National Grid's regulatory asset base has been recovering steadily since 2017, when it divested itself of its gas distribution business in the United Kingdom.

Regulated asset value of National Grid Plc from FY 2012 to FY 2022 (in billion British pounds)

Characteristic	RAV in billion British pounds
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Release date

June 2022

More information

Region

United Kingdom

Survey time period

2012 to 2022

Supplementary notes

* The company divested its UK gas distribution business in March 2017.
Regulatory assets are specific costs or revenues that a utility is allowed to defer to its balance sheet, rather than reporting on them on the company's income statement. Instead of being treated as income or expenditures in a single year, these items are booked as assets and do not need to be reported for tax purposes.
Fiscal year ended March 31.

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