The Utility Regulator today publishes an information paper regarding the 2014 Power NI price control. The paper sets out a timetable for the process of reaching a determination and discusses the areas that will be covered within the process.
The price control sets an efficient level of revenue for Power NI which the company collects through its regulated electricity tariffs. The revenue allows for Power NI’s own operating costs, which includes billing; IT; and customer service, and also a profit margin.