The Utility Regulatory today publishes its final determination on the seasonal multipliers that are to be used in the setting of reserve prices for non annual gas entry capacity products, effective from 1 October 2015.
These multipliers will be applied by the relevant Transmission System Operators as part of the postalised tariff setting process. The postalised tariff and associated reserve prices will be published by the Transmission System Operators on 4 August 2015.
We published a consultation paper on this issue on 29 April 2015. The consultation closed on 10 June 2015. By which time four responses had been received. These responses are published alongside our determination.