New Price Review Regime to Encourage Investment by UK Energy Networks

UK energy regulator Ofgem has announced how the new performance-based RIIO framework will encourage the efficient investment and innovation required for Britain’s gas and electricity transmission and gas distribution networks. The price controls for these networks will run for eight years from 2013-2021. RIIO (Revenue=Incentives+Innovation+Outputs) is designed to incentivise companies to meet the unprecedented challenges … Read more

More Consumer Friendly Proposals on Disconnection Charges Requested

The Oireachtas Committee on Communications, Energy and Natural Resources has requested that ESB, Bord Gais, Airtricity and the Energy Regulator devise more consumer focused policies regarding disconnection of electricity supplies to domestic and commercial users. This move was prompted by the revelation that Bord Gais has in the region of 26,000 customers currently in arrears … Read more