IoD NI Member Consultation on RP7 Price Control Draft Determination
NIE Networks is responsible for building and maintaining electricity transmission and distribution networks, which allows consumers to access a secure supply of electricity.
As a natural monopoly, NIE Networks is subject to economic regulation which provides protection for all electricity consumers in terms of quality and cost.The amount of revenue which NIE Networks collects via supplier tariffs is determined by the Utility Regulator through periodic price control reviews following scrutiny and challenge of the company’s business plans. RP7 is the seventh regulatory price control for NIE Networks, which will run from April 2025 to March 2031.We invite you to a consultation event to hear from representatives from both NIE Networks and the Utility Regulator and both parties are interested to garner your views on RP7.
Please note: this meeting is restricted to 20 attendees.
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