Retail Energy Market Monitoring (REMM)

One of our statutory duties is to monitor the retail market and keep the development of the retail energy sector in Northern Ireland under review. 

The Retail Energy Market Monitoring (REMM) Framework was introduced in June 2015, following consultation with stakeholders, and is the framework used for the collection, analysis and publication of key retail information.  From the introduction of this framework we have improved the transfer of data between the regulated companies and the UR.  The companies have clarity around the information requirements and associated timelines for return.  Consumers benefit from better regulation capabilities within the UR based on consistent and high quality returns, and from increased transparency of retail energy market information.  REMM is a robust and useful tool for informing policy and ensuring the highest levels of consumer protection.

REMM Templates
The final decisions on the REMM framework included a set of templates for completion and submission of the information by energy suppliers and network companies. The templates are as follows:

Original Templates
Template - Gas Network Company Quarterly and Annual Report
Template - Electricity Network Company Quarterly and Annual Report

Quarterly Templates (current)
Template - Gas Supply Company Quarterly Report
Template - Electricity Supply Companies Quarterly Report

Annual Templates (current)
Template - Gas Supply Company Statement of Licence Compliance
Template - Electricity Supply Company Statement of Licence Compliance
Template - Gas Supply Company Annual Return
Template - Electricity Supply Company Annual Return
Template - Gas Supply Company Annual Retail Margin Reconciliation 
Template - Electricity Supply Company Annual Retail Margin Reconciliation 

In addition to the above, there is a specific methodology for the calculation of retail margins.

All REMM information is submitted via the following email address REMM.Reporting@uregni.gov.uk

Supplier licence compliance and audits
As part of the REMM framework, suppliers are required to submit a Statement of Licence Compliance (SoLC) on an annual basis. This statement highlights any areas of non-compliance or concerns regarding compliance. As part of the process to ensure consistency of the REMM submissions, including the information provided in the SoLC, the UR undertakes supplier audits. We intend to audit suppliers on an annual basis and will publish the results of these audits here. More details on our compliance and enforcement work can be found here.