NI Water has hailed a wastewater treatment plant as an example of what the company can do when adequately funded
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price controls
Latest in price controls
The Competition and Markets Authority has nudged back the estimated date for its PR19 final redeterminations, which are now expected to appear in "late" February. It follows a series of consultations on several areas, including the cost of capital.
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Consumer advocate Citizens Advice has calculated that the Competition and Markets Authority’s findings in the appeal of four water companies’ price review could cost households as much as £3.7 billion by setting a "dangerous precedent" for energy networks' price controls.
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Consumer watchdogs have welcomed the CMA's increased spending allowances for projects that were important to consumers but warned its overall stance could set a precedent for other regulated companies and add to the pressure on household finances.
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Comment
Ratings agency Moody’s says “many uncertainties remain” over RII02 following Ofgem’s decision on its methodology for setting prices in the RIIO2 period.
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Ofgem is moving ahead with plans to introduce new protections against windfall gains by energy networks as part of the RIIO2 price controls.
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Electricity North West (ENW) has announced the appointment of eight industry experts to its newly-formed customer engagement group (CEG).
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The chief executive of Northern Gas Networks (NGN) has expressed “disappointment” about Philip Hammond’s proposed ban on fossil fuel heating systems in new homes from 2025.
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Ofgem has warned electricity distribution network operators (DNOs) to make improvements to connections and environmental outputs, as the regulator published its annual network report on Friday (8 March).
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The energy regulator has published plans to slash in half the returns that energy networks can make in its proposals for the new RIIO2 price control framework, which covers the electricity and gas transmission networks together with gas distribution.
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