PC21 approach document
| Year | 2018 |
| Published date | 10 July 2018 |
| Energy Sector | Water |
Price Control for Water and
Sewerage Services
2021-2027
Our overall approach
29 June 2018
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.
The staff team includes economists, engineers, accountants, utility specialists, legal advisors
and administration professionals.
Value and sustainability in energy and water.
We will make a difference for consumers by
listening, innovating and leading.
Our Mission
Be a best practice
regulator: transparent, consistent, proportional,
accountable,
and
targeted.
Be a united
team.
Be
collaborative
and
co-operative.
Be
professional.
Listen and
explain.
Make a
difference.
Act with
integrity
.
Our Vision
Our Values
UTILITY REGULATOR WATER
Abstract
Audience
Consumer impact
This document sets out the Utility Regulator’s overall approach to the development of the next
water and sewerage service price control (PC21) which will determine outputs and funding for
the six year period 2021-2027. It sets out the background and context of the price control
process and considers key issues which we aim to address, including how we will work with
the Principal Stakeholders to determine an efficient, consumer focused package of outputs. It
includes a timetable for the development of the price control leading to a final determination in
December 2020. This overall approach identifies further work to be done on individual topics
and identifies when we will publish further information on these aspects of the price control.
Our overall approach to PC21 is primarily of interest to the water sector and the consumers it
serves. It highlights the role of the water industry Principal Stakeholders (CCNI, DfI, DWI,
NIEA, NIW and the UR). The general approach and timetable it contains may be of interest
to other regulated companies, professional bodies and community/voluntary sector
organisations.
Through the PC21 Price Control we will determine an efficient, consumer focused package of
outputs and funding for NI Water for the period 2021-2027. To set this work in context, the
revenue determined for NI Water in our last 6 year Price Control (PC15) was £2.3 billion,
which is recovered through a combination of direct charges to non-domestic consumers and
subsidy from the NI Executive in lieu of domestic charges.
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