Legal Documents

Section 35(1) of the Electricity Act 2016 (EA) requires the RA to determine the Retail Tariff in accordance with a methodology set by general determination. The relevant framework for the current Retail Tariff exercise was set by the RA in the Regulatory Authority (Retail Tariff Methodology) Interim General Determination 2023 dated 10 April 2023 and continued 29 December 2023 (GD). The principles set out in part 6 of the EA also govern this exercise.

In particular, sections 35(5) and 35(6) provide that:

“A licensee may not charge an end-user any other tariff or make use of provisions in agreements other than that determined or approved by the Authority pursuant to this Act and the regulations and rules; and no licensee shall vary the tariff or any published schedule of prices or charges for electricity unless notice in writing of the intention to vary the tariff, and the amount of the variation, has been approved by the Authority.”