The Commission for Energy Regulation is now the Commission for Regulation of Utilities
Its mission, vision and values remain the same
The Commission for Energy Regulation has changed its name to the Commission for Regulation of Utilities (CRU), following the enactment of some recent legislation.
The reason for the name change is to make sure it takes into account all aspects of the CRU’s expanded role across the regulation of energy, energy safety and water.
The CRU says its strategic objectives and its mission, vision and values are still the same, and it is focussed on protecting the interests of the public in terms of safety, energy security and consumer rights.
The CRU’s responsibilites
The CRU aims to ensure that:
- electricity and gas are supplied safely and securely;
- there is a supply of reliable, clean water and efficient treatment of wastewater; and
- the prices that consumers pay for these are both fair and reasonable.
The CRU says it will continue to encourage engagement with the energy market in terms of competition, safety and consumer rights.
Accreditation of price comparison websites
One of the CRU’s responsibilities is to carry out the accreditation process for price comparison websites, like Switcher.ie.
To ensure that price comparison websites continually meet high standards (as set out in the CRU’s framework document), the CRU carries out an audit of price comparison websites each year. Switcher.ie has achieved accreditation for four years running.
This accreditation means that consumers can trust Switcher.ie to provide clear, independent and accurate information when they’re searching for a new gas or electricity deal.
Driving principles of the CRU
CRU Chairperson Dr Paul McGowan said: “Since its original creation in 1999, the CRU has seen significant changes in the sectors we regulate and we have continually evolved to keep pace with these developments.
“The driving principle for the CRU will continue to be the consumer and ensuring that the public interest is protected across energy, energy safety and water.”
Minister Denis Naughten added: “I look forward to continuing to work closely with the Commission for Regulation of Utilities in achieving our goal of a low carbon energy future.”
The CRU has developed a new consumer-focused website, as a comprehensive resource for energy and water customers.