LV Monitors Allowance Decision

Published date10 March 2023
Energy SectorElectricity Networks
From the office of the Chief Executive
_______________________________________________________________________________
Utility Regulator
Queens House, 14 Queen Street, BELFAST, BT1 6ED
T: +44 (0) 28 9031 1575 F: +44 (0) 28 9031 1740 W: www.uregni .gov.uk
Roger Henderson
Network Assets Director
Northern Ireland Electricity Networks
Fortwilliam House
Edgewater Office Park
Edgewater Road
Belfast
BT3 9JQ
22 February 2023 NET/E/KS/633
By Email
Dear Roger
LV Monitors Allowance Decision
This letter sets out the Utility Regulator’s decision in respect of LV Monitors costs under
paragraph 4.36 of Annex 2 of the NIE Networks Distribution Licence.
Our decision takes account of the information provided in your submission of 13 November
2022 and the subsequent query process.
We have determined an additional allowed CAPEX amount (ACDR_Xt) of £10.057m
(2022/23 price base) for the works with the expenditure per the profile shown in the table
below.
2023/24 (£)
2024/25 (£)
Total
(£)
Procure and install LV monitors
5,028,549
5,028,549
10,057,098
As there is no mechanism in the current licence to increase RP6 opex allowances, we are
unable to approve the additional £565k requested.
We will publish the decision by uploading it to our website and including it in the public
register required under Article 57 of the Electricity (Northern Ireland) Order 1992
Under paragraph 4.38 of Annex 2 of the NIE Networks Distribution Licence the Utility
Regulator may make a determination subject to conditions with which the Licensee shall be
required to comply, including conditions as to the monitoring, audit and reporting in relation
to the project. In respect of this determination, we require you to provide an annual report,
in addition to the RIGs, detailing how the data from the LV monitors is being used to defer
capital investment. We will contact you separately to finalise the reporting requirements.

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