WR9 UR Policy Approach for Setting Price Limits for PC10

Year2009
Published date24 April 2009
Energy SectorWater
Northern Ireland Authority for Utility Regulation
Queens House, 10-14 Queen Street, BELFAST, BT1 6ER
T: +44 (0) 28 9031 1575 F: +44 (0) 28 9031 1740
24th April 2009
To Chief Executive of NIW
WR9: UR Policy Approach for Setting Price Limits for PC10
The purpose of this letter is to set out the approach the Authority is minded to take in setting
price limits for the period 2010 to 2013. It sets out our expectations and informs the
company of general policy approaches we are minded to deploy. Where ministerial direction
or stakeholder engagement may influence policy this has been indicated. It is structured
under the headings below:-
PC10 Business Plan 2010 2013 - General
Operational Expenditure
Capital Expenditure
Financial Considerations
Regulatory Incentives
PC10 BUSINESS PLAN 2010 2013 - GENERAL
1.0. The Business Plan submission should provide a clear baseline for the PC10 period
and outline the service improvements and outputs delivered between 2007 and 2010 to
ensure that customers are not asked to pay for improvements previously funded.
2.0 The Business Plan should provide the necessary assurance that NI Water is
delivering the right outputs at the right time and for the right cost. Individual expenditure
proposals must include:
a clearly defined time table and delivery date;
measurable and defined outputs (including interim "milestones) against which
progress can be monitored in subsequent Annual Returns;
defined asset improvements or changes to operational practices to deliver the
required outcomes;
a statement of support from the relevant stakeholder(s) confirming the proposed
outputs are consistent with Ministerial guidance and/or statutory requirements
(relevant stakeholders in this context include the Environmental Agency, the DWI and
Consumer Council ); and,

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