Law on Regulators of Public Utilities (2000)

This Law provides for regulators of public utilities. The purpose of this Law is to ensure the possibility of receiving continuous, safe and qualitative public utilities whose tariffs (prices) conform to economically substantiated costs, as well as to promote development and economically substantiated competition in regulated sectors, determining the procedures for the regulation of public utilities and the legal relations in the provision of public utilities. This Law prescribes the general procedure for the regulation of public utilities and basic principles for the development and operation of the regulatory system. The State shall regulate the provision of public utilities as a commercial activity in the following sectors: energy; electronic communications; postal services; municipal waste management; and water management.