KPI data tables

National Grid operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.

National Grid Capital Investment by Business (Annual) (GBP millions)
PeriodUK Electricity TransmissionUK Electricity DistributionNew YorkNew EnglandNational Grid VenturesUK Electricity System OperatorOther
FY 20264,3721,6173,4282,04310907
FY 20252,9991,4263,2891,75137804
FY 20241,9121,2472,6541,673662852

Source: National Grid Full Year Results presentation for the year ended 31 March 2026, Capital investment table at actual exchange rates (FY 2026 and FY 2025): https://www.nationalgrid.com/document/576631/download. Full Year Results presentation / Annual Report for the year ended 31 March 2025, capital investment at actual exchange rates (FY 2025 and FY 2024): https://www.nationalgrid.com/document/559906/download and https://www.nationalgrid.com/document/560311/download.

National Grid UK Electricity Transmission vs Distribution RAV (Annual) (GBP millions)
PeriodUK Electricity TransmissionUK Electricity Distribution
FY 202623,84713,139
FY 202520,57012,235
FY 202418,38811,497

Source: National Grid Full Year Results presentation for the year ended 31 March 2026, Detailed RoE and Regulated Financial Position for UK Electricity Transmission (closing RAV £23,847 million) and UK Electricity Distribution (closing RAV £13,139 million), with FY 2025 comparatives £20,570 million and £12,235 million: https://www.nationalgrid.com/document/576631/download. Full Year Results presentation for the year ended 31 March 2025, RAV table (FY 2024 closing RAV UK ET £18,388 million, UK ED £11,497 million): https://www.nationalgrid.com/document/559906/download.

National Grid UK RAV and US Rate Base (Annual) (GBP millions)
PeriodUK RAVUS rate base
FY 202636,98629,452
FY 202532,80527,345
FY 202430,31024,527

Source: National Grid Full Year Results presentation for the year ended 31 March 2026, asset growth and regulatory gearing tables (UK RAV and US rate base as at 31 March): https://www.nationalgrid.com/document/576631/download. Full Year Results presentation for the year ended 31 March 2025, RAV / rate base table (FY 2024 and FY 2025): https://www.nationalgrid.com/document/559906/download. Form 20-F for the year ended 31 March 2026 (asset growth narrative): https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm.

National Grid US Rate Base by Regulatory Entity (Annual) (USD millions)
PeriodNIMO Electric (upstate NY)KEDNY (downstate gas)Massachusetts GasKEDLI (Long Island gas)Massachusetts Electric (incl. transmission)New England Power (FERC)NIMO Gas (upstate NY)Other FERC
FY 202610,0008,0255,8674,7604,3993,2712,56976
FY 20259,2327,2125,4084,4393,7662,9382,26658
FY 20248,3176,4544,7594,1493,5412,6461,76548

Source: National Grid Full Year Results presentation for the year ended 31 March 2026, Detailed RoE and Regulated Financial Position for New England and New York (rate base $ million as at 31 March 2026 and 2025): https://www.nationalgrid.com/document/576631/download. Full Year Results presentation for the year ended 31 March 2025, same tables (FY 2024 comparatives): https://www.nationalgrid.com/document/559906/download.

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