Power NI Price Control Decision paper v20
| Published date | 19 December 2013 |
| Energy Sector | Electricity |
The 2014 Power NI
Supply Price Control
Decision Paper
19 December 2013
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; Electricity; Gas; Retail and Social; and Water. 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
Abstract
Audience
Consumer impact
This paper sets out the Utility Regulator’s (UR) final decisions for the next Power NI
Supply Price Control (which begins 1st April 2014). This is the latest in a series of
documents the UR has published in relation to this price control, the last of which was
our Proposals consultation that was published in July. This decision paper outlines the
rationale for the UR’s decisions in relation to the main issues within the Control:
customer coverage (scope) of regulated tariffs; duration of Control; operating costs
(OPEX) levels and allocations; and allowed margin for Power NI.
Consumers and consumer groups; industry; and statutory bodies.
This paper sets out the UR’s decisions for the 2014 Power NI Supply Price Control.
Once the Price Control process is complete, the framework will be agreed for Power
NI’s permitted costs and margin for the duration of the Control period. Subsequent
tariffs will have to operate within these limits. This will therefore impact on the bills of
price regulated customers. The number of non-domestic customers who may avail of
a regulated tariff will also reduce as a result of this Control.
To continue reading
Request your trial