Our primary role is to promote and protect the interests of water and sewerage consumers in Northern Ireland.
One of the ways in which we do this is by setting prices which allow NI Water to deliver water quality, environmental and customer service objectives at the lowest reasonable overall cost.
The price control results in a contract between us and the company, and sets out the money the company requires and is allowed to charge. Currently the charge which is attributable to domestic consumers is provided by Government subsidy.
A key element of the price control process is NI Water’s detailed business plan. The plan sets out the company’s view of its revenue requirements to deliver against agreed standards. These standards are informed by legal requirements (for example, compliance with water and wastewater quality regulations) and guidance on social and environmental matters, issued by the Minister for Regional Development. The content of the company’s plan is also informed by our reporting requirements.
In this section you can find out more about:
• the current price control PC10 (which covers the years 2010-13)
• the next price control PC13 (which covers the years 2013-15); and
• future price controls, including PC15.