Resolution No. 25-0818. Adaption of the NWRB Economic Regulatory Framework ("Revised Tariff Methodology-2018").
Country
Type of law
Regulation
Abstract
The Resolution implements rules for all water utility operators applying for certificate of public convenience, or any similar and related application, petition or action. The National Water Resources Board (NWRB) regulates water utilities as part of its economic regulation function. This Order applies that the varying capabilities and needs of water utilities have been recognised and the tariff setting mechanism rationalised, to provide incentives to increase efficiency of water utilities. For regulation of the water utilities, a categorisation of the water utilities and a regulation structure are provided in this Order. In the categorisation section, 3 categories are identified that include water utilities operating for profit, government-owned and government-run water utilities and community based water utilities. In the regulation structure reference is made to certificate of public convenience validity, tariff model and review, preview of business plan, application of CPC renewal and operations and financial review. This Order is attached with the Economic Regulatory Framework Implementing Rules and Regulations on revised tariff methodology 2018.
Attached files
Web site
Date of text
Notes
This Circular contains and notifies the Resolution No. 25-0818 ratified on 28 August 2018 - 181st Board Meeting on Adaption of the NWRB Economic Regulatory Framework ("Revised Tariff Methodology - 2018").
Repealed
No
Source language
English
Legislation Amendment
No