Today we are publishing a consultation on the financial values necessary to extend SONI’s (System Operator for Northern Ireland) current price control by two years.
In August 2023, following a public consultation, we published our decision to defer the start date of the next SONI price control by one year to 1 October 2026. In the intervening period SONI subsequently requested a further year delay. The additional extension is to facilitate work associated with the governance programme and other key projects.
We are now consulting on licence modifications which will enable a two-year extension of the SONI Review of Prices (SRP20) Price Control Final Determination into the 2026-2027 tariff year. The SRP20 extension licence modifications will set the amount of revenue SONI will have to run its business for the two years beginning on 1 October 2025 and ending on 30 September 2027.
Further information on the consultation and details of how to respond, can be found within our consultation section.