BBL Company has developed a new proposal for the charging methodology of its non physical interruptible reverse flow (IRF) services. BBL Company would like to ensure that all persons who may have a direct interest in the charging methodology are consulted and therefore launched a market consultation before submitting the final proposal to the authorities. The consultation allows interested parties a period of no less than 28 days within which to make written representations.
BBL Company has proposed a new charging methodology for IRF which is market-based, with a basket of equivalent products as the reference material, and with IUK as a prime comparator. The methodology is objective, transparent and will be applied in a non-discriminatory manner.
Following the consultation BBL Company will submit its final proposal to the regulatory authorities. BBL Company intends to introduce the IRF services after approval of the methodology by these authorities. The introduction is expected at the beginning of this fall; the exact date will be published later this summer.
BBL Company has published a consultation document on its website on 18 May 2009 and is asking for responses by 15 June 2009 at the latest. The consultation document, including supporting documents, can be downloaded from the website.