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GD17 Business Plan
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firmus energy GD17 Business Plan

  • Publish Date: 31st Oct 2015
  • Author: Regulation & Pricing

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Summary

firmus energy is a regional employer with a highly skilled workforce of almost 100 staff and around 300 people employed indirectly by contractors.

Our gas distribution business currently operates efficiently with 57 staff. The company has delivered on its regulatory targets for customer connections and volumes and has comfortably surpassed its agreed overall standards for customer service. Independent research shows that we also deliver high levels of customer satisfaction. As a result of our strategic commitment to safety, the company also enjoys a excellent health and safety record in all its activities. Since its inception as a Bord Gais subsidiary in 2005 through to its sale to iCON Infrastructure in 2014, firmus energy has made significant efficiency and productivity gains and kept final gas prices to customers as low as possible.

This is an extremely important moment in our history. We have developed an ambitious but deliverable business and network development plan for the 2017-2022 ‘GD17’ regulatory period. The Utility Regulator will examine our Business Plan and make an assessment that will determine how we are able to develop our network over that period.

What we do and what we hope to do

Our aim as a business is to bring the benefits of natural gas to as many households and businesses as possible within our licensed network area. To do this, we have to give prospective customers the opportunity to connect to the gas network by extending the network mains to ‘pass’ their property. To date we have laid c. 1000km of gas mains, passing 75,000 properties, and connecting around a third of these. We now plan to lay a further 718km of gas mains with the aim of passing 72,000 additional properties and connecting 27,000 new customers to natural gas over the GD17 period. In order to deliver this plan to the communities we serve, we are asking the Utility Regulator to permit us to make the necessary investment in the network.


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