Revenues and Tariffs
The CRU, as the regulator, sets price controls/reviews for network companies that operate Ireland's gas and electricity networks.
The CRU is responsible for ensuring that customers and network users receive value for money while the network companies earn a fair return on their activities to make the necessary network investments.
Price Controls and Reviews
The CRU is responsible for the economic regulation of the network companies in Ireland. To do this, the CRU sets Price Reviews or Controls which limit the revenues that the relevant licensees can recover from electricity customers.
The CRU’s role is to protect customers by ensuring that the network companies spend customers’ money appropriately and efficiently to deliver necessary services and make necessary investments in infrastructure.
The CRU achieves this by:
- administering a five year price control regime
- reviewing and updating annual revenues
- setting the tariffs for use of the system
- reviewing and approving other network charges