The Utility Regulator today publishes its final determination for the next price control for the four high pressure gas networks in Northern Ireland (NI):
GNI (UK) Limited (GNI (UK));
Premier Transmission Limited (PLT);
Belfast Gas Transmission Limited (BGTL); and
West Transmission Limited (WTL).
This price control, referred to as GT17, relates to the period from 1 October 2017 until 30 September 2022.
The final determination sets out the amount the holders of NI high pressure gas conveyance licences have to run their businesses and invest in the gas network. Key decisions for the companies are on operating expenditure, replacement expenditure and rate of return. The final determination also considers the impact of these decisions on consumers.
This final determination consists of the following documents:
The main determination document
Annex 1: Real Price Effects and Frontier Shift
Annex 2: Replacement Expenditure (Repex)
Annex 3: Rune Report – MEL
Annex 4: Rune Report – GNI (UK)
Annex 5: Gemserv Report – GT17 IT Issues
Annex 6: First Economics Report – Cost of Capital for GNI (UK)
Annex 7: Utility Regulator Response to Draft Determination Consultation Responses
The final determination follows the consultation on the GT17 draft determination which was published on 16 December 2016 and closed on 17 February 2017. We have received and carefully considered the following responses.
ESB Generation and Wholesale Markets
One response was treated as partially confidential.
A paper copy of the determination and any accompanying documents can be obtained from:
Veronika Gallagher
Utility Regulator
Queens House
14 Queen Street
Belfast
BT1 6ED
Email: Gas_networks_responses@uregni.gov.uk with cc to veronika.gallagher@uregni.gov.uk
Tel: 028 9031 1575
Copies of the determination paper and any accompanying documents will also be made available in large print, Braille, audio cassette and a variety of relevant minority languages if required. Please contact Veronika Gallagher on 028 9031 1575 or email: Gas_networks_responses@uregni.gov.uk with cc to veronika.gallagher@uregni.gov.uk to request this.