Power NI Supply Price Control 2026-2029 Final Determination
| Published date | 24 April 2025 |
| Year | 2025 |
| Energy Sector | Electricity retail |
1
Power NI Supply
Price Control 2026-2029
Final Determination
Final Determination
24 April 2025
2
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 and
two Executive Directors lead teams in each of the main functional areas in the
organisation: CEO Office; Price Controls; Networks and Energy Futures; Markets;
Consumer Protection and Enforcement. The staff team includes economists,
engineers, accountants, utility specialists, legal advisors and administration
professionals.
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This paper sets out Utility Regulator’s (UR) final determination for
the next Power NI Supply Price Control, which covers a four-year
period from April 2025 to March 2029.
The Power NI Supply Price Control sets out the revenue Power NI
will be allowed to recover to run its business and the basis for
calculating of the average maximum allowed unit price of electricity
Power NI can charge regulated (domestic) consumers.
The focus of the final determination and the proposed licence
modifications is operating expenditure, margin and any other pass-
through costs which Power NI can recover from consumers.
Power NI, consumers, consumer representatives, consumer groups,
other regulated companies in the energy industry, government, and
other bodies with an interest in the energy industry.
Power NI is the only electricity supplier in Northern Ireland whose
domestic tariffs are regulated. The price control sets allowed values
for the costs and margin for the duration of the control period and
subsequent regulated tariffs will be set using these determined values
and the mechanisms of the licence. The price control decisions have
an impact on about 8% of an average domestic bill.
Abstract
Audience
Consumer impact
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