FES SPC20 Final Determination Paper
| Year | 2019 |
| Published date | 27 September 2019 |
| Energy Sector | Gas Retail |
Price Control for firmus
energy (Supply) Ltd
2020-2022
Final Determination
27 September 2019
About the Utility Regulator
The Utility Regulator is the independent non-ministerial government department
responsible for regulating Northern Ireland’s electricity, gas, water and sewerage
industries, to promote the short and long-term interests of consumers.
We are not a policy-making department of government, but we make sure that the energy
and water utility industries in Northern Ireland are regulated and developed within
ministerial policy as set out in our statutory duties.
We are governed by a Board of Directors and are accountable to the Northern Ireland
Assembly through financial and annual reporting obligations.
We are based at Queens House in the centre of Belfast. The Chief Executive leads a
management team of directors representing each of the key functional areas in the
organisation: Corporate Affairs, Markets and Networks. The staff team includes
economists, engineers, accountants, utility specialists, legal advisors and administration
professionals.
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Abstract
Audience
Consumer impact
This document sets out the UR’s final determination for the price control on firmus energy
(Supply) Ltd (FES) in the Ten Towns gas supply market. The FES control will come into
effect on 1 January 2020 and will run until 31 December 2022.
This paper outlines our decisions in relation to the main areas within the FES control:
structure and form; scope and coverage of regulated tariffs; duration of control; operating
costs levels and allocations; and allowed margin.
Industry, consumers, and their representative bodies and statutory bodies.
The price control will protect customers by setting a maximum limit on the average price that
FES can charge its price regulated customers for gas in the Ten Towns area. This ensures
that customers only pay for the efficient cost of the gas they receive and a fair profit margin.
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