Mr. Nicholas Tarrant:

I will comment on what we did in advance of submission of our business plan for PR6. Around this time last year, we ran a consultation on what we called our approach to developing our business plan for the price review period. That business plan was submitted in November 2024. Through the summer last year, we ran a consultation process to allow stakeholders to feed in, based on the approach we were setting out around investment and infrastructure. The approach catered for things like connecting more renewables, economic growth, electrification of heat and transport and, ultimately, that feedback was fed in to our business plan process. We published it in November on a transparent basis. It was what we were planning to invest, as we submitted this business plan to the CRU, and the potential impact of that investment from distribution - distribution only - on customer bills.

As part of the consideration of the CRU in the meantime, it looked at our investment plans for distribution. Also, because we deliver the investment plans for transmission onshore once they are developed by EirGrid, CRU assessed that overall piece, including offshore. Recently, it published a draft determination with the potential impact on customer bills if that was the decision taken. One of the features of the transmission aspect of bills is that because of the temporary emergency generation that was installed over recent years, there has been an increase. As that cost reduces, that is probably why it is coming down on the transmission system.

If we look at it in the round, however, what the CRU has published is the overall impact, taking into account offshore and onshore transmission and distribution. The document has just been published and is now out for consultation.