Utility Regulator issues NIE Supply price control decision period covering the period 1 April 2007 to 31 March 2009, the decision paper can be viewed using THIS LINK The Utility Regulator is still of the view that with new retail and wholesale market arrangements and the uncertainty this brings, it would be prudent to allow the present approach to continue until the impact becomes clearer. Since the establishment of retail market opening the majority of large users have migrated to other suppliers and the Utility Regulator takes the view that NIE Supply’s remaining customers still require the safeguard of regulated tariffs while competition has yet to develop. We still consider that there is enough clarity on tariffs for larger users to ensure no cross-subsidy is being applied and consider the costs associated with further separation of financial information are too high when balanced with the potential benefits to be gained by doing so. Thus the decision is that the current form (RPI-X) and scope (all customer classes) of the price control remain the same for the period. 1st April 2007 until 31st March 2009. Alignment with the tariff year will be considered as part of the overall on-going exercise of observation, information-gathering, discussions and decision-making between now and the next price control review.
Any queries should be addressed to
Andrea Heaney
Queens House
14 Queen Street
Belfast
BT1 6ER
Tel: 028 9031 1575 Fax: 028 9031 1740
email: andrea.heaney@niaur.gov.uk
Copies of this document will be made available in large print, Braille, audio cassette and a variety of relevant minority languages if required.
Notes for Editors
The Utility Regulator is the informal name for the Northern Ireland Authority for Utility Regulation (NIAUR) the regulator of the Electrcity, Gas and Water and Sewerage industries in Northern Ireland. NIAUR’s powers are derived from the Electricity (Northern Ireland) Order 1992, the Gas (Northern Ireland) Order 1996 as amended by the Energy (Northern Ireland) Order 2003 and the Water and Sewerage Services (Northern Ireland) Order 2006.
For further information contact:-
Conall McDevitt, Weber Shandwick Tel: 028 90764911, 07770 886933