methodologies and procedures for calculating the expected revenue
from charges and for calculating estimated costs for determining the
tariffs may be provided by the Commission from time to time. The
Commission may at any time add, amend, alter, revise, substitute or
otherwise change the methodologies and procedures, as the Commission
2. The Commission
may at any time, frame separate Regulations to prescribe the terms
and conditions of the determination of the costs, revenue and
tariffs in accordance with the provisions of the Act 61 of 2003.
prejudice to the generality of the powers of the Commission in
regulating the tariff, the Commission may keep in view the following
while determining the tariff:-
a. the need to link tariff adjustment to increase in the
productivity of capital employed, economical use of resources, good
performance, improvement in efficiency of supply and consumption of
Electricity to safeguard the interest of the consumers.
b. the need to rationalize tariffs on the basis of the actual cost
of generation, transmission and distribution.
c. The unbundling of costs which would inform both consumers and
potential investors of the cost and revenue stream attributable
d. The need to transparently provide the appropriate incentives in a
non-discriminatory manner, for continuous enhancement in efficiency
of generation, transmission and distribution and upgradation in the
level of services.
e. The simulation of competitive conditions where markets do not
exists and progressive introduction of competitive conditions.
f. The least cost adoption of environmental standards.
g. The need for healthy growth of the industry.
4. (1) The
utilities shall provide to the Commission during the period between
15th December to 31st December every year details of its calculation
for the ensuing financial year of the expected aggregate revenue
from charges based on currently approved tariff by the Commission.
The details of the calculation of the expected aggregate revenue
with such other information and particulars shall be furnished in
such form as the Commission may direct from time to time.
(3) Notwithstanding the above,
the Commission shall be entitled to require the Utility to give such
other or further information, particulars and documents as the
Commission may consider appropriate.
(4) The Utility shall
forthwith supply all the information, particulars and documents
directed to be furnished by the Commission.
5. The Utility shall publish the tariff as approved by the
Commission in the manner as may be prescribed. The Tariff so
published shall be in force until any amendment to the tariff is
approved by the Commission and published.
6. All application for amendment of tariff shall be made in such
form as the Commission may direct from time to time and the
provisions of Chapter-II (of the regulation of the commission) in so
far as they are applicable shall apply to proceeding for amendment