The Utility Regulator has published its decision on the introduction of a new reporting structure for SONI, which is referred to as Regulatory Instructions and Guidance (RIGS). This decision follows a consultation published on 27 July 2018 to which we received three responses. The decision gives effect to licence modifications proposed to the transmission system operator licence held by SONI.
This new reporting structure will provide us with a greater ability to measure SONI’s performance, both in general and specifically against their allowed revenue through their price control. This reporting structure will also help inform future allowed revenue for SONI, ensuring ongoing efficiency and value for money for NI electricity consumers.