Price Review Six Tao Revenue Model

The Commission for Regulation of Utilities (CRU) has published a suite of consultation papers which set out a range of proposals on the allowed revenues for EirGrid and ESB Networks as part of Price Review Six (PR6).

The PR6 proposals that are being consulted on include the revenues for the period 1st January 2026 to 31st December 2030, as well as changes, modifications and enhancements to the regulatory framework for the network companies.

Ireland's energy system is undergoing rapid change, and PR6 comes at a pivotal time for the sector.

Legislative commitments and associated targets will increase demand for electricity and drive significant expansion in low carbon generation.

Offshore wind is one source of low carbon generation that has become central to Ireland's energy and climate ambitions.

With a target of 5GW of offshore wind by 2030 and significantly more in the years to follow, offshore energy is essential to achieving national and EU climate commitments, enhancing energy security, and reducing dependence on imported fossil fuels.

Alongside these decarbonisation targets, Ireland's electricity networks also face challenges with resilience and demand.

The impact of recent storms, most notably Storm Éowyn which caused major disruption across Ireland in January 2025, highlights the need for investment to ensure networks are resilient to climate change and these more frequent adverse weather events.

The proposals set out as part of these Draft Determinations are the product of an extensive, multi-year process which has involved wide-ranging engagement, thorough analysis of network companies' business plans, the development of proposals for a regulatory framework that seeks to manage the various risks and uncertainties for companies and customers, and revenue allowances that support transformation of Ireland's energy system.

Altogether, the PR6 package will form a significant regulatory and financial investment package to enable the network companies to deliver on the ambitious goals and objectives that were established in the initial strategy paper for PR6.

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