Industry & Economy
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Power
APERC seeks proposals on multi-year tariff plan
Our Bureau
Hyderabad
,
Oct.19
THE Andhra Pradesh Electricity Regulatory Commission (APERC) has formulated a draft regulation specifying multi-year tariff principles for determining tariffs under the Electricity Act 2003, and has invited suggestions from stakeholders before November 11.
As per the the draft regulation, the multi-year tariff period is called control period that is for five years. However, the first control period is for three years.
Every transmission licensee has to submit the application for Annual Revenue Return for all the years of the control period and an application for tariff of first year of the control period must be made at least 120 days before the commencement of the control period.
The transmission licensee has to file a resource plan containing load forecast and transmission plan (capital investment plan) for all the years of the control period on April 1 of the year preceding the first year of control period.
The monthly transmission tariff per kilowatt of contracted period will be arrived at by dividing the net ARR by 12. This would be further divided by the total contracted capacity.
Licences are entitled to claim variations in uncontrollable items such as axes on income and also other variations on account of factors beyond the control of licensee, according to the APERC statement.
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