NIE Networks RP7
RP7 is our seventh regulatory price control for NIE Networks, which will run from April 2025 – March 2031. Through the RP7 Price Control we will assess NIE Networks’ plans for the development, operation and maintenance of its networks in light of consumer needs and the impact of the Northern Ireland Energy Strategy and the Climate Change (Northern Ireland) Act.
NIE Networks is responsible for building and maintaining electricity transmission and distribution networks which allows consumers to access a secure supply of electricity. Because NIE Networks is a natural monopoly, it is subject to economic regulation which protects consumers by ensuring a good quality service is delivered at a reasonable cost. We determine the amount of revenue which NIE Networks earns, through periodic price reviews following scrutiny and challenge of the company’s plans and consultation with stakeholders.