In line with the Theft Detection Incentive Scheme, the Code Manager has reviewed the Theft Target Methodology, and made the following changes: • The incentive pots have been split further by Meter Type: o The Domestic customer segment pot has been split by Smart and Non-Smart Meter Type. • The Theft Detection Value has been adjusted in v2.1 using October 2023 Consumer Price Index (CPI) figure plus a 20% escalator mechanism increase for illustrative purposes. For the final version post-consultation, this will be updated using the December 2023 CPI. The Theft Targets have been split further by Meter Type: o The Domestic customer segment target has been split by Smart and Non-Smart meter type. A weighting has been applied to the Domestic targets to focus target on Non-Smart metering. • The Attribution Methodology has been amended to include additional steps to obtain data from EES and GES for the purpose of assigning targets for Smart/Non-Smart splits. This change will include the update to the REC Baseline Statement to reflect the new document version.