The Utility Regulator today launches a consultation on our ‘approach’ to the price controls for the three regulated energy supply companies in NI (SPC17).
The consultation paper sets out our approach to the supply price controls for both the electricity and gas price regulated companies. The next Power NI Price Control is due to begin 1 April 2017. The next price controls for the gas supply companies, firmus energy (supply) Ltd (firmus) and SSE Airtricity Gas are due to begin 1 January 2017.
This is the first of a series of documents which we will publish relating to the price controls under this SPC17 project.
The consultation paper outlines the proposed high level approach in relation to the main areas within the controls: structure and form; scope and coverage of regulated tariffs; duration of control; operating costs levels and allocations; and allowed margin.
We are seeking feedback from interested stakeholders at this early stage to help shape our consultation planned for the end of May 2016.