Here is a selection of FAQs relating to the multi-utility infrastructure market in the UK.
If you have any more questions or would like to talk to one of our team, contact us.
In the electricity industry, ICP stands for Independent Connection Provider.
Although technically “ICP” means an Independent electricity Connections Provider, it has been commonly adopted as a way to describe independent multi-utility connections providers, like Fulcrum.
An ICP (Independent Connection Provider) doesn’t just install utility connections. They manage the entire journey, from design to adoption, across electricity, gas, water (and more):
Using an ICP offers multiple practical and commercial benefits for developers, businesses, and anyone needing new or upgraded utility infrastructure.
Using a multi-utility ICP like Fulcrum offers many commercial benefits – especially lower installation costs and capital commitment.
Here’s how we achieve this:
In utility infrastructure, a Point Of Connection (POC) is the specific location where a development or property is physically connected to an existing utility network, such as electricity, water or gas.
It’s the exact spot where your services connect into the wider network. This could be, for example, where a new cable joins the electricity grid, or where pipework connects into a public water main.
The Point Of Connection (POC) is a critical part of the design and approvals process, as it determines how a site will access essential services and what works are required to enable that connection.
Establishing a Point Of Connection (POC) helps to ensure:
Put simply, the Point Of Connection (POC) is the agreed place where your site “plugs into” the existing utility network.
We can help to determine and secure the best Point Of Connection (POC) for your development.
Multi-utility infrastructure providers, like Fulcrum, can deliver multiple benefits by designing and installing new electricity, gas, water infrastructure (and more) – in a combined and coordinated package with joined up delivery.
This matters as, instead of managing three separate utilities, you get:
That means simpler, more cost-effective delivery and fewer headaches.
In utilities, “contestable” refers to work that can be done by an ICP, while “non-contestable” work is restricted to the regional, large network operator.
An Independent Network Owner is a licensed and regulated company that owns, operates, and maintains local utility networks – such as electricity, gas, or water, networks that serve a specific development or site.
Independent Network Owner is a term used to cover:
We use our expertise, combined with and Independent Network Owner adoption to secure best value for your utility infrastructure project.
An Independent Network Owner adopts a utility network that has been designed and built by an Independent Connection Provider (ICP).
We use our expertise, combined with and Independent Network Owner adoption to secure best value for your utility infrastructure project.
We use our expertise, combined with and Independent Network Owner adoption to secure best value for your utility infrastructure project.
We use our expertise, combined with and Independent Network Owner adoption to secure best value for your utility infrastructure project.
They are licensed and regulated by Ofwat
We use our expertise, combined with and Independent Network Owner adoption to secure best value for your utility infrastructure project.
An Asset Value (AV) is a value associated with the long-term economic worth of the physical network infrastructure to the Independent Network Owner
Asset Value (AV) Discounts:
An ICP applies to an Independent Network Owner for an Asset Value (AV) for the new utility network at the time of quoting for the works
Fulcrum is an ICP with expertise that enables us to optimise and maximise AVs supplied by Independent Network Owners.
This helps us to secure best value for Developers.