Electricity network price control in Northern Ireland

NIAER consultation (20 pages, PDF) on the review of the price control for NIE's electricity transmission and distribution business from 2007. The document proposes a cost pass-through (with a one-year lag) for operating expenditure, a cost pass-through to the regulatory capital value for capital expenditure, a specific incentive scheme (yet to be announced) for capital expenditure efficiency, and a split cost of capital that would provide lower returns than allowed by Ofgem in the 2005-2010 distribution price control. Responses by Tuesday 31 January 2006.

For further information or advice please contact Franck Latrémolière.

Filed under Electricity, Ofreg, Price controls.

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