The Utilities Regulation and Competition Authority (“URCA”) hereby issues this Statement of
Results and Final Decision further to its public consultation on Guidelines for the Inspection of
Licencees in the Electricity Sector – ES 08/2023 (“the Consultation Document”), published on 16
November 2023.
The primary purpose of regulatory inspections is to independently provide a high level of
assurance that activities performed by the authorized party comply with the regulatory
requirements and with the conditions specified in the authorizing legislation or licence.
Inspections carried out in furtherance of this objective are typically periodically performed by the
regulatory body (or someone authorized by the body to do so).
This Statement of Results and Final Decision:
i. provides a background and high-level summary of URCA’s proposal to establish a regime
of regulatory inspection of licencees’ facilities.
ii. discusses submissions received to the public consultation on the Guidelines for Inspection
of Licencees in the Electricity Sector, (ES 08/2023),
iii. provides URCA’s response to the submissions made, and
iv. sets out URCA’s Final Decision.