MUNICIPAL TARIFF DETERMINATION PROCESS PRESENTATION TO PPC ON ENERGY 24 MAY 2013
|
|
- Martin Rodgers
- 8 years ago
- Views:
Transcription
1 MUNICIPAL TARIFF DETERMINATION PROCESS PRESENTATION TO PPC ON ENERGY 24 MAY
2 1. Purpose and mandate 2. The tariff approval process and information requirements 3. Municipal Tariff Guideline and financial considerations 4. Energy Efficiency & Demand-side Management 5. Conclusion remarks 2
3 Mandate and legal requirements The Electricity Regulation Act Section 4 (a) (ii) The Regulator must regulate prices and tariffs Section 15 (1) A licence condition determined under section 14 relating to the setting or approval of prices, charges and tariffs and regulation of revenues a) Must enable an efficient licensee to recover the full cost of its licensed activities, including a reasonable margin or return Section 15(2) A licensee may not charge a customer any other tariff and make use of provisions in agreements other that that approved by the Regulator as part of its licensing conditions Section 45 (1) (b) For the purposes of this Act, any person authorised thereto in writing by the Regulator may require any person to furnish to the Regulator such information, returns or other particulars as may be necessary for the proper application of this Act Section 45 (2) the Regulator may require that the information, return or particular furnished under subsection (1) be verified on oath or by way of solemn declaration 3
4 Tariff approval process Eskom s revenues - MYPD Cat. 3 Cat. 18 Cat. 19 Cat. 17 Cat. 2 Cat. 16 Cat. 15 Cat Cat. 14 Cat. 13 Cat. 12 Cat. 11 Cat. 10 Eskom s standard tariffs Cat. 9 Cat. 4 Cat. 5 Cat. 6 Cat. 8 Cat. 7 Involves Tariff design Tariff structures Result = Suite of tariffs 3 Cat. 3 Cat. 18 Cat. 19 Cat. 17 Cat. 2 Cat. 16 Cat. 15 Cat. 1 Municipal and private distributor tariffs Cat. 3 Cat. 18 Cat. 19 Cat. 17 Cat. 2 Cat. 16 Cat. 15 Cat. 1 Cat. 3 Cat. 18 Cat. 19 Cat. 17 Cat. 2 Cat. 16 Cat. 15 Cat. 1 Cat. 3 Cat. 18 Cat. 19 Cat. 17 Cat. 2 Cat. 16 Cat. 15 Cat. 1 3 Eskom s direct customers Cat. 14 Cat. 13 Cat. 12 Cat. 11 Cat. 10 Cat. 9 Cat. 4 Cat. 5 Cat. 6 Cat. 8 Cat. 7 Cat. 14 Cat. 13 Cat. 12 Cat. 11 Cat. 10 Cat. 9 Cat. 4 Cat. 5 Cat. 6 Cat. 8 Cat. 7 Cat. 14 Cat. 13 Cat. 12 Cat. 11 Cat. 10 Cat. 9 Cat. 4 Cat. 5 Cat. 6 Cat. 8 Cat. 7 Cat. 14 Cat. 13 Cat. 12 Cat. 11 Cat. 10 Cat. 9 Cat. 4 Cat. 5 Cat. 6 Cat. 8 Cat. 7 4 Municipal and private customers 4
5 Summary /14 Approved Eskom Tariffs Tariff Category Percentage Increase 1. Local Authority Tariffs (Effective 01 July 2013) 7.3% 2. Non Local Authority Tariffs (Effective 01 April 2013) 8.4% Urban Tariffs 9.6% Rural Tariffs 9.3% Residential IBTs 5.0% Overall Average (All Tariff Categories) per MYPD3 8.0%
6 NERSA Municipal tariff approval process Currently municipal tariffs are approved on an annual process Process involves approx. 190 municipal, Eskom and private distributors Process is required to be finalised by 15 March of every year prior to implementation on 1 July of that year (MFMA) The process is dependent on the approved Eskom prices under the Multiyear Price Determination (MYPD) process NERSA approves the Eskom prices/revenues this determines to average increase to municipalities and other customers but may be different for each customer/municipality NERSA determines the Municipal tariff increase guideline and benchmarks (based on generic assumptions) Licensees apply to NERSA for approval of their tariffs this must be supported by information pertinent to the individual municipality NERSA reviews the applications and makes a determination on each application 6
7 Municipal guideline and benchmarks Municipal tariff increase guideline and benchmarks are determined based in the Eskom approved prices and revenues together with expectations on other economic indicators (inflation, salary increases etc.) The guideline is meant to assist municipalities in preparing their tariff applications licensees are therefore expected to provide NERSA with quality information that supports their applications Guideline is not a final determination Licensees must still apply On reviewing applications, NERSA considers The current municipal tariff structure and levels The tariffs in comparison to NERSA approved benchmarks The efficiency of municipal operations (technical and financial). All this information is from the municipal d-forms The municipal tariff structures and the level of cross-subsidisation Any programmes that the municipalities may be involved in (eg. infrastructure refurbishment etc.) Any assistance that may be necessary to be provided to the municipalities 7
8 NERSA financial benchmarks Financial indicators Benchmark Financial benchmark Tolerable range Percentage surplus: Percentage Power Cost: (%) 15% 70% 10 20% 58% - 78% APP/ ASP Ratio: Percentage 1:1.64 1:1.5 1:2.1 System Losses: (%) 10% 5% - 12% Other considerations: The level of debt collections Additional projects the municipality may be involved in Infrastructure repairs and maintenance The municipal customer mix (ability to cross-subsidise) Municipal size economies of scale (operations) Any Cost of Supply (CoS) studies that may have been performed by the municipality 8
9 Determination of the guideline The table below represents the analysis of costs as a percentage of total costs of municipalities (based on sample): Cost Category As % of total costs Energy Purchases 70 Salaries & wages 10 Repairs & Maintenance 6 Capital Charges 4 Other costs 10 9
10 Determination of the guideline (cont..) Assumptions made on the approval of the municipal guideline: Bulk purchases increased by 7.3% in line with Eskom s tariff increase to municipalities CPI of 5.5% (As quoted in the Medium Term Budget Policy Statement 2012 (MTBPS) Salary & Wages CPI % (As indicated in Circular No.6/2012: Salary and Wage Collective Agreement) Repairs and Maintenance, capital charges and other costs of CPI of 5.5% (as per inflation) 10
11 Determination of the guideline (cont..) The formula used for calculating the guideline MG = (B x BPI) + (S x SI) + (R x RI) + (C x CCI) + (OC x OCI) = (70 x 7.3) + (10 x 6.9) + (6 x 5.5) + (4 x 5.5) + (10 x 5.5) = 7% Where:» MG = Municipal guideline increase» B x BPI = Municipal bulk purchases times Eskom increase» S x SI = salaries times associated salary increase» R x RI = repairs and maintenance times associated increases» C x CCI = capital charges times associated increases» OC x OCI = other costs times associated increases 11
12 Approved Benchmarks The benchmarks were approved as follows: Domestic Inclining Block Tariffs (IBTs) Block 1 Block 2 Block 3 Block 4 Commercial 2000kWh Industrial 0-50 kwh kwh kwh >600 kwh Prepaid Conventional kwh (c/kwh) (c/kwh) (c/kwh) (c/kwh) (c/kwh) (c/kwh) (c/kwh) NERSA also approved a revision of IBT structure and Benchmarks as follows: Domestic Inclining Block Tariffs (IBTs) Block 1 Block kwh > 350kWh (c/kwh) (c/kwh) Domestic Inclining Block Tariffs (IBTs) Block kwh (c/kwh) Block 2 > 350kWh (c/kwh) Basic Charge (R/month) 12
13 Table1:Overall approved IDM Costs for MYPD3 Funding ` 2012/13 Approved Expenditure 2013/ / / / /18 MYPD3 Total Applied for Approved Applied for Approved Applied for Approved Applied for Approved Applied for Approved Applied for Approved Programmes - Peak Demand Savings(MW) Programmes - Annualised Energy Savings(GWh) Programme Costs Operating Costs including Depreciation Other costs R/MW R/kWh (183) - (191) - (204) - (205) - (2) - (785)
14 Table 1 explanatory notes: Eskom requested R13bn and was allowed R5bn. Eskom requested costs were adjusted based on MYPD2 historical performance and then escalated by inflation. 3
15 Table 2: Allowed IDM programmes costs R'm IDM Applied for IDM Adjustments Approved IDM Lighting & Heating, Ventilation, and Air Conditioning HVAC (Industrial & Commercial) 1800 (621) 1179 Lighting (LED - Residential) 886 (52) 834 Process Optimisation (1 219) 131 Compressed Air 696 (496) 200 Heat Pumps 619 (619) - Demand Reduction (1 828) 203 Shower Heads 159 (151) 8 Solar Water Heaters (SWH) (2 410) - Sustainability Programmes 339 (323) 16 Greenfields & Renewables (533) 524 Power Alert 390 (117) 273 Total (8 369)
16 Table 2 explanatory notes: Waste Heat Recovery(WHR) and Cogeneration projects applied for under process optimisation were disallowed since these programmes target large industrial enterprises that can self-fund improvement for their energy intensity resulting in turn in higher economic efficiency. 5
17 Solar Water Heaters (SWH) are disallowed as the MYPD2 M&V history proved that these programmes achieve little demand savings at high cost. All SWH shall be funded through the fiscus. National Treasury allocated funds for SWH in Medium Term Expenditure Framework FYE
18 Table 3 :Approved Demand Market Participation (DMP) Expenditure for MYPD3 2012/13 Approved Expenditure 2013/ / / / /18 R'm DMP and Power buy-back Applied for Funding Demand Savings(MW) R/MW DMP and Power buy-back Adjustments Funding (75) (2108) (1285) (1972) (1835) (2001) (9201) Demand Savings(MW) (97) (1618) (3355) (3855) (3855) (12781) R/MW (0.65) (0.19) (0.59) (0.48) (0.52) (0.24) Approved DMP Funding Demand Savings(MW) R/MW MYPD Total 7
19 Table 3 explanatory notes: According to the IRP 2010, beyond 2016 there will be enough capacity due to the introduction of Medupi and Kusile power stations on the national grid. Therefore it was necessary to adjust the DMP and power buy-back programmes accordingly. It should be noted that the power buy-backs programme is disallowed as the initiative is covered by the DMP. 8
20 Conclusion NERSA, through its mandate of tariff/pricing, has a critical role to manage the price paths migration during this period of necessary high capital investment in South Africa; Pricing decisions will continue to balance between sustainability of the utilities and affordability for the consumers. NERSA will continue to conduct its business in fair and transparent manner, within published government policy and legislation in exercising its mandate. 20
21 Thank You Tel: Fax: Website: Physical Address: Kulawula House 526 Madiba Street Arcadia,0083 Pretoria 21
Energy Efficiency Financing Policy: South Africa s Standard Offer Scheme. Country Energy Policies. 7 December 2011
Energy Efficiency Financing Policy: South Africa s Standard Offer Scheme Country Energy Policies 7 December 2011 Research has been undertaken into the market potential for energy savings per technology
More informationNEREN RAU SACCI CEO JANUARY
MYPD 3 Presentation NEREN RAU SACCI CEO JANUARY 2013 Presentation Overview SACCI Eskom Consultations in 2012 SACCI Proposals SACCI Member Perspectives Economic Impact of Tariff Increase at 16% and 10%
More informationDepartment of Energy South Africa
Department of Energy South Africa Policy to support the Energy Efficiency and Demand Side Management Program for the Electricity Sector through the Standard Offer Incentive Scheme 20 May 2010 1 TABLE OF
More informationElectricity. Introduction
9 Electricity Introduction Electricity services in South Africa are at a crossroads. National economic growth has outstripped available generation capacity, while regulatory uncertainty has undermined
More informationCOMMENTS ON ESKOM REVENUE APPLICATION MULTI-YEAR PRICE DETERMINATION 3 PRESENTED BY MR. DENNIS GOLDMAN
COMMENTS ON ESKOM REVENUE APPLICATION MULTI-YEAR PRICE DETERMINATION 3 PRESENTED BY MR. DENNIS GOLDMAN CONTACT SAPOA: TEL: 011 883 0679 WEB: www.sapoa.org.za AGENDA 1. Who is SAPOA 2. Tariff structures
More informationSouth African Distribution Code
South African Distribution Code Glossary and Definitions Version 6.0 July 2014 This document is approved by the National Energy Regulator of South Africa (NERSA) Issued by: RSA Grid Code Secretariat Contact:
More informationREVISED CONSUMPTIVE TARIFFS, RATES AND BASIC CHARGES FOR ELECTRICITY SERVICES, WATER AND SANITATION SERVICES AND SOLID WASTE MANAGEMENT SERVICES
ANNEXURE 4 REVISED CONSUMPTIVE TARIFFS, RATES AND BASIC CHARGES FOR ELECTRICITY SERVICES, WATER AND SANITATION SERVICES AND SOLID WASTE MANAGEMENT SERVICES 1. ELECTRICITY 1.1 General The proposed revisions
More informationNelson Mandela Bay Business Chamber NERSA Consultation MYPD3. Presenters: A. Clark / B. van Vuuren 5 February 2013
Nelson Mandela Bay Business Chamber NERSA Consultation MYPD3 Presenters: A. Clark / B. van Vuuren 5 February 2013 Contents Introduction Overview Nelson Mandela Bay Business Concerns Cost Implications,
More informationCHAPTER 5: FINANCIAL PLAN
CHAPTER 5: FINANCIAL PLAN 5.1 INTRODUCTION On 1 March 2006, the electorate in the City of Tshwane reinstated a majority African National Congress (ANC) Council that confirmed the vital importance of the
More information01 JULY 2014-30 JUNE 2015
ELECTRICITY TARIFFS FOR RESIDENTIAL & SMALL BUSINESS CUSTOMERS GENERAL All tariffs listed below, show VAT excl. The cross-over from existing tariffs to new tariffs will be billed pro rata. GENERAL TIPS
More informationFor the purpose of this Schedule the following words and phrases shall have the same meanings as assigned to them herein:
SCHEDULE OF STANDARD PRICES FOR ESKOM TARIFFS 1 APRIL 2014 TO 31 MARCH 2015 FOR NON-LOCAL AUTHORITY SUPPLIES, AND 1 JULY 2014 TO 30 JUNE 2015 FOR LOCAL AUTHORITY SUPPLIES 1. Standard prices The standard
More informationANNUAL BUDGET AND SUPPORTING DOCUMENTATION OF MOGALE CITY LOCAL MUNICIPALITY
Version 1 ANNUAL BUDGET AND SUPPORTING DOCUMENTATION OF MOGALE CITY LOCAL MUNICIPALITY 2012/13 Approval of Annual IDP, and MTREF 1 ANNUAL BUDGET OF MOGALE CITY LOCAL MUNICIPALITY 2012/13 TO 2014/2015 MEDIUM
More informationINTEGRATED RESOURCE PLAN FOR ELECTRICITY (IRP) 2010-2030 UPDATE REPORT 2013
INTEGRATED RESOURCE PLAN FOR ELECTRICITY (IRP) 2010-2030 UPDATE REPORT 2013 21 NOVEMBER 2013 TABLE OF CONTENTS 1 BACKGROUND... 10 2 UPDATE PROCESS... 10 3 CHANGED CONDITIONS FROM 2010... 12 Technology
More informationMedium Term Risk Mitigation Plan (MTRM) for Electricity in South Africa 2010 to 2016
Medium Term Risk Mitigation Plan (MTRM) for Electricity in South Africa to 6 Keeping the Lights on This is a National Plan and is an integral part of IRP. The plan deals with the anticipated electricity
More informationLONG-TERM FINANCIAL PLAN POLICY. Budgets FINANCE DEPARTMENT. City of Cape Town
ANNEXURE 14 LONG-TERM FINANCIAL PLAN POLICY Budgets FINANCE DEPARTMENT City of Cape Town 1 TABLE OF CONTENTS 1. DEFINITIONS AND ABBREVIATIONS... 3 2. INTRODUCTION... 4 3. PROBLEM STATEMENT... 4 4. PURPOSE...
More informationPalabora Mining Company
Palabora Mining Company The effect of power tariff increases A presentation by Nick Fouche General Manger Growth (Investment projects) 29 January 2013 Palabora Mining Company Company overview Palabora
More informationDomestic Prepaid Energy charge: 94c/kWh
Tariffs approved and applicable for implementation from 1 July 2010 Name of Municipality Abaqulusi 19% Yes (partially) Domestic Low (indigent) Energy charge: 54.00c/kWh Domestic Prepaid Energy charge:
More informationTariffs & Charges Booklet 2012/13
Charges for non-local authorities effective from 1 April 2012 to 31 March 2013 Charges for local authorities effective from 1 July 2012 to 30 June 2013 Tariffs & Charges Booklet 2012/13 DISCLAIMER The
More informationA study into approaches to minimise the impact of electricity price increases on the poor
TRADE AND INDUSTRY CHAMBER FUND FOR RESEARCH INTO INDUSTRIAL DEVELOPMENT, GROWTH AND EQUITY (FRIDGE) A study into approaches to minimise the impact of electricity price increases on the poor Final Report
More informationElectricity Pricing and Supply With special attention to the impact on employment and income distribution. Final Report
Electricity Pricing and Supply With special attention to the impact on employment and income distribution Final Report Project Team Dr Miriam Altman Executive Director Centre for Poverty, Employment and
More informationElectricity. Introduction. Institutional arrangements
Electricity 11 Introduction The electricity, gas and water sectors contribute around 2 per cent of South Africa s GDP. The social and economic role that electricity plays accordingly places it at the epicentre
More informationHOD: Electricity Licensing and Compliance National Energy Regulator of South Africa Kulawula House, 526 Vermeulen Street Arcadia, 0083 Pretoria
APPLICATION FOR AN ELECTRICITY GENERATION LICENCE IN TERMS OF THE ELECTRICITY REGULATION ACT, 2006 (ACT NO. 4 OF 2006). Please return completed form to: HOD: Electricity Licensing and Compliance National
More informationPhakwe group. Growing with Africa
Phakwe group Growing with Africa GROUP STRUCTURE 2 Energy supply, demand and security There are a wide range of energy resources, with different security of supply and environmental issues: Non-renewable
More informationCOMPARISON OF PROPOSED TARIFFS
COMPAISON OF POPOSED TAIFFS WITH EFFECT FOM 1 JULY 2012 SCHEDULE 1 ELECTICITY 1. Domestic residential indigent consumers These tariffs are applicable to all residential indigent consumers with an ampere
More informationInformation Requirements: Business Plan. Trinidad & Tobago Electricity Commission
Information Requirements: Business Plan June 01, 2011 May 31, 2016 Trinidad & Tobago Electricity Commission November 2010 This document is one of a series of discussion papers exploring a specific aspect
More informationDISCLOSURE OF ELECTRICITY PRICING METHODOLOGY PURSUANT TO REQUIREMENT 22 OF THE ELECTRICITY INFORMATION DISCLOSURE REQUIREMENTS 2004
DISCLOSURE OF ELECTRICITY PRICING METHODOLOGY PURSUANT TO REQUIREMENT 22 OF THE ELECTRICITY INFORMATION DISCLOSURE REQUIREMENTS 2004 Effective 1 April 2010 TABLE OF CONTENTS 1 INTRODUCTION... 1 2 DESCRIPTION
More informationUNDERSTANDING ENERGY BILLS & TARRIFS
UNDERSTANDING ENERGY BILLS & TARRIFS as part of the Energy Efficiency Information Grants Program Reading and understanding your energy and gas bills is a good first step to help you to identify where you
More informationSOL PLAATJE LOCAL MUNICIPALITY
SOL PLAATJE LOCAL MUNICIPALITY LONG TERM FINANCIAL PLANNING POLICY 1 P a g e TABLE OF CONTENTS TABLE OF CONTENTS... A 1. INTRODUCTION...1 2. PURPOSE OF THIS DOCUMENT...1 3. DEFINITIONS... 2 4. OBJECTIVES...
More information2015/2016 ANNUAL IDP, BUDGET AND SUPPORTING DOCUMENTATION OF MOGALE CITY LOCAL MUNICIPALITY
2015/2016 ANNUAL IDP, BUDGET AND SUPPORTING DOCUMENTATION OF MOGALE CITY LOCAL MUNICIPALITY March 2015 1 ANNUAL BUDGET OF MOGALE CITY LOCAL MUNICIPALITY 2015/2016 TO 2017/2018 MEDIUM TERM REVENUE AND EXPENDITURE
More informationFramework for Managing Programme Performance Information
Framework for Managing Programme Performance Information Published by the National Treasury Private Bag X115 Pretoria 0001 South Africa Tel: +27 12 315 5948 Fax: +27 12 315 5126 The Framework for Managing
More informationFinancial Strategy 2016 2026
Financial Strategy 2016 2026 Table of Contents 1. Executive Summary and Overview... 4 1.1 Executive Summary... 4 1.1.1 The Financial Strategy and Long-Term Financial Forecast... 4 1.1.2 The Financial Strategy
More informationSustaining progress in a low-growth world 2015 MEDIUM TERM BUDGET POLICY STATEMENT
Sustaining progress in a low-growth world 2015 MEDIUM TERM BUDGET POLICY STATEMENT Sustaining progress in a low-growth world The world economy is experiencing a sustained period of low growth. All countries
More informationOvercoming Financing Hurdles for Solar PV. Gerhard Wernecke June 2014
Overcoming Financing Hurdles for Solar PV Gerhard Wernecke June 2014 Our Business One of the world s largest PGM producers World s third largest Platinum producer Primary listing on LSE (LMI) secondary
More informationFor the purpose of this Schedule the following words and phrases shall have the same meanings as assigned to them herein:
SCHEDULE OF STANDARD PRICES FOR ESKOM TARIFFS 1 APRIL 2013 TO 31 MARCH 2014 FOR NON-LOCAL AUTHORITY SUPPLIES AND 1 JULY 2013 TO 30 June 2014 FOR LOCAL AUTHORITY SUPPLIES 1. STANDARD PRICES The standard
More informationTable of Contents. WATER AND WASTEWATER MODEL AND SITUATIONAL ANALYSIS 6 Model Development 6 10-Year Water/WW - Challenges, Risks and Opportunities 7
Table of Contents LONG-RANGE FINANCIAL PLAN INTRODUCTION 1 Water and Wastewater Financial Plan 2 What is a Long Range Financial Plan 3 Importance of a Long Range Financial Plan 4 General Approach to Preparing
More informationUniform Financial Ratios and Norms
N A T I O N A L T R E A S U R Y MFMA Circular No. 71 Municipal Finance Management Act No. 56 of 2003 Uniform Financial Ratios and s The purpose of this Circular is to provide a set of uniform key financial
More informationElectricity Price Comparison. Namibia Manufacturers Association (NMA)
Electricity Price Comparison December 2012 Submitted to: Namibia Manufacturers Association (NMA) P O Box 20810 Windhoek Namibia Tel +264 (0)61 233206 Fax +264 (0)61 233360 Submitted by: EMCON (Pty) Ltd
More informationIRP 2010 Energy Forecast Revision 2 Report
IRP 2010 Energy Forecast Revision 2 Report Report prepared for IRP 2010 Revision 2 By: Systems Operations and Planning Date: July 2010 IRP 2010 Revision 2 Forecast Report Page 1 EXECUTIVE SUMMARY Forecasts
More informationIMPLEMENTATION OF EBSST OR FBE
16 230794V1 IMPLEMENTATION OF EBSST OR FBE PRESENTER: DANIE POTGIETER - MANAGER: ELECTRICAL SERVICES POLOKWANE MUNICIPALITY AND SALGA REPRESENTATIVE ON EBSST TASK TEAM 1. BACKGROUND In 2000 Government
More informationApplying ICT and IoT to Multifamily Buildings. U.S. Department of Energy Buildings Interoperability Vision Meeting March 12, 2015 Jeff Hendler, ETS
Applying ICT and IoT to Multifamily Buildings U.S. Department of Energy Buildings Interoperability Vision Meeting March 12, 2015 Jeff Hendler, ETS ETS is an Energy Technology, Behavior Management, and
More informationElectricity Pricing and Supply With special attention to the impact on employment and income distribution. Final Report
Electricity Pricing and Supply With special attention to the impact on employment and income distribution Final Report Project Team Dr Miriam Altman Executive Director Centre for Poverty, Employment and
More informationDRAFT MODEL REGULATIONS for STATE ELECTRICITY REGULATORY COMMISSION UNDER SETION 86 (1) (e) OF THE ACT. No. Dated: October, 2009 NOTIFICATION (DRAFT)
DRAFT MODEL REGULATIONS for STATE ELECTRICITY REGULATORY COMMISSION UNDER SETION 86 (1) (e) OF THE ACT No. Dated: October, 2009 NOTIFICATION (DRAFT) In exercise of powers conferred under sections 61, 66,
More informationRegulatory Environment and Electricity Tariff Design in Nigeria. Nigerian Electricity Regulatory Commission June, 2013
Regulatory Environment and Electricity Tariff Design in Nigeria By Nigerian Electricity Regulatory Commission June, 2013 Outline Functions of the Commission Tariff Regulation in Nigeria Methodology of
More informationREGULATORY ACCOUNTING GUIDELINES FOR TRINIDAD AND TOBAGO ELECTRICITY COMMISSION DRAFT FOR CONSULTATION
REGULATORY ACCOUNTING GUIDELINES FOR TRINIDAD AND TOBAGO ELECTRICITY COMMISSION DRAFT FOR CONSULTATION January 2008 C O N T E N T S Page No. 1. Overview 1 2. Introduction 3 3. RIC s Regulatory Framework
More informationDRAFT KERALA STATE ELECTRICITY REGULATORY COMMISSION, NOTICE. No. 442/CT/2014/KSERC Dated, Thiruvananthapuram 31 st March, 2015
DRAFT 31.3.2015 KERALA STATE ELECTRICITY REGULATORY COMMISSION, NOTICE 442/CT/2014/KSERC Dated, Thiruvananthapuram 31 st March, 2015 The Kerala State Electricity Regulatory Commission hereby publishes
More informationBELA-BELA LOCAL MUNICIPALITY
BELA-BELA LOCAL MUNICIPALITY POLICY ON LONG TERM FINANCIAL PLANNING 2014/2015 1 Policy 1. Policy Title POLICY ON LONG TERM FINANCIAL PLANNING 2. Main Purpose The Policy on is aimed at ensuring that the
More informationOperational perspective on the Electricity Distribution Industry (EDI) turnaround
2008 Electricity Distribution Maintenance Summit Day 1: 9 June 2008 Operational perspective on the Electricity Distribution Industry (EDI) turnaround by Dr Willie de Beer, Chief Operations Officer, EDI
More informationNATIONAL TREASURY STRATEGIC PLAN 2011/14
NATIONAL TREASURY STRATEGIC PLAN 2011/14 PRESENTATION TO PARLIAMENTARY FINANCE COMMITTEES Presenter: Lungisa Fuzile Director General, National Treasury 31 May 2011 TREASURY AIMS AND OBJECTIVES Chapter
More informationMethodology to Approve Maximum Prices of Piped- Gas in South Africa
Methodology to Approve Maximum Prices of Piped- Gas in South Africa October 2011 1 Table of Contents 1. Introduction... 5 2. The Legislative framework for regulating maximum prices of piped-gas... 5 2.1.
More informationCost Reflective Tariffs: Balancing Commercial and Socio-economic Imperatives The MYTO Perspective
14th 15th May 2013 Cape Town, South Africa Cost Reflective Tariffs: Balancing Commercial and Socio-economic Imperatives The MYTO Perspective Sam Amadi, Ph.D Chairman/Chief Executive Officer Nigerian Electricity
More informationCOMPARISON OF PROPOSED TARIFFS
COMPAISON OF POPOSED TAIFFS WITH EFFECT FOM 1 JULY 2013 all tariffs are VAT exclusive SCHEDULE 1 ELECTICITY PESENT POPOSED 1. Domestic residential indigent consumers These tariffs are applicable to all
More informationTitle of presentation
Title of presentation Edison Makwarela Senior Consultant, Eskom, Gauteng, South Africa Current Situation - The reserve margin is currently 8 10%, against an aspiration of 15% - Increased probability of
More informationRENEWABLE ENERGY INFEED R Herman, M Malengret and CT Gaunt University of Cape Town, South Africa
RENEWABLE ENERGY INFEED R Herman, M Malengret and CT Gaunt University of Cape Town, South Africa Technology and tariffs for renewable energy in-feed at LV and MV Ron Herman : Performance of LV feeders
More informationCOMPARISON OF PROPOSED TARIFFS
5. ELECTICITY COMPAISON OF POPOSED TAIFFS WITH EFFECT FOM 1 JULY 2016 all tariffs are VAT exclusive SCHEDULE 1 5.1 Domestic residential indigent consumers These tariffs are applicable to all residential
More informationSimple project evaluation spreadsheet model
Simple project evaluation spreadsheet model Africa Electricity Institute Practitioner Workshop 15 November 2011 -- Dakar, Senegal Chris Greacen Two very different models Used by: Excel financial model
More informationA Guide For Preparing The Financial Information Component Of An Asset Management Plan. Licensing, Monitoring and Customer Protection Division
A Guide For Preparing The Financial Information Component Of An Asset Management Plan Licensing, Monitoring and Customer Protection Division July 2006 Contents 1 Important Notice 2 2 Scope and purpose
More informationPresentation Outline. Legislative and Policy Update. RED Business Model. RED Future Model. Funding Support. Conclusion. Slide 2
EDI RESTRUCTURING PRESENTATION To AMEU RESTRUCTURING COMMITTEE By NIGEL WATERS Regional General Manager: REDs THREE and FIVE 28 June 2007 Presentation Outline Legislative and Policy Update RED Business
More informationCogeneration Based District Heating Restoration Project in Avan District of Yerevan, Armenia
Ministry of Nature Protection of the Republic of Armenia Cogeneration Based District Heating Restoration Project in Avan District of Yerevan, Armenia Diana Harutyunyan, Climate Change Program Coordinator
More informationTariff Category (1 June 2011) (1 January 2014)
ELECTRICITY TARIFF SCHEDULE (This tariff is effective from 1 st January 2014 and supersedes the previous tariff schedule which was effective from 1 st June 2011) Schedule 1 TNB tariff rates are set out
More informationConsumer Engagement Program Peak Consumer Group Forum - March 2014
Consumer Engagement Program Peak Consumer Group Forum - March 2014 Contents Introduction 1 About the forum 2 Electricity pricing and our planning proposal highlights Participant feedback on our prices
More informationTECHNICAL REPORT ZA 2015. Energy. Potential for integration of distributed solar photovoltaic systems in Drakenstein municipality
TECHNICAL REPORT ZA 2015 Energy Potential for integration of distributed solar photovoltaic systems in Drakenstein municipality EXECUTIVE SUMMARY Using Drakenstein Municipality as a case study, this report
More informationRenewable Electricity and Liberalised Markets REALM. JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN. By ICCS / NTUA K. Delkis
Renewable Electricity and Liberalised Markets REALM JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN By ICCS / NTUA K. Delkis October 1999 INTRODUCTION AND BACKGROUND Background to Renewable Energy
More informationThe Long Term (Financial) Plan
The Long Term (Financial) Plan Chris Champion CEO, IPWEA cchampion@ipwea.org.au Sustainably managing your Community ASSET MANAGEMENT PLAN Services required, how provided & funds required FINANCIAL SUSTAINABILITY
More informationModelling of PV and Electricity Prices in the Australian Commercial Sector
Modelling of PV and Electricity Prices in the Australian Commercial Sector By The Australian PV Association AUTHORS: Graham Mills (APVA); Robert Passey, Muriel Watt & Simon Franklin (IT Power Australia);
More informationRequest for Quotation: Resubmission - Pay Per Click Internet advertising for the Shisa Solar Programme
Request for Quotation: Resubmission - Pay Per Click Internet advertising for the Shisa Solar Programme 26 September 2012 1 Background 1.1 Policy Context South African National Solar Water Heating Strategy
More informationKEY PERFORMANCE INFORMATION CONCEPTS
Chapter 3 KEY PERFORMANCE INFORMATION CONCEPTS Performance information needs to be structured to demonstrate clearly how government uses available resources to deliver on its mandate. 3.1 Inputs, activities,
More informationCENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI. No. L-1/12/2010-CERC Dated: 14 th January, 2010 NOTIFICATION
CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI No. L-1/12/2010-CERC Dated: 14 th January, 2010 NOTIFICATION In exercise of powers conferred under sub-section (1) of Section 178 and Section 66 read
More information9327 ADOPTED 2014/2015 MEDIUM TERM REVENUE EXPENDITURE FRAMEWORK (MTREF)
CHIEF FINANCIAL OFFICER CFO05M156144RPT (S80) PORTFOLIO: FINANCIAL SERVICES (132) : 26.05.2014 E C : 27.05.2014 U M C : 27.05.2014 (5/1/1 ) 9327 ADOPTED 2014/2015 MEDIUM TERM REVENUE EXPENDITURE FRAMEWORK
More information2015-16 LONG TERM FINANCIAL PLAN
DECISION REPORT REPORT TITLE: ITEM NUMBER: 1 2015-16 LONG TERM FINANCIAL PLAN DATE OF MEETING: 24 FEBRUARY 2015 AUTHOR: RESPONSIBLE OFFICER: JOB TITLE: MICHAEL CAREY STEPHEN FAULKNER GENERAL MANAGER PEOPLE
More informationIE Singapore iadvisory Seminar Doing Business in Japan: General Overview of Taxation in Japan
IE Singapore iadvisory Seminar Doing Business in Japan: General Overview of Taxation in Japan KPMG Tax Corporation March 12, 2013 Overview of Japanese tax (1/4) In general, a high tax jurisdiction Primary
More informationMinistry of Power & Energy
Ministry of Power & Energy Institutional Frame work Power sector overview Renewable energy policy Major issues and barriers Institutional Framework Sustainable Energy Authority The Sri Lanka Sustainable
More informationINVESTIGATION INTO ACTEW S ELECTRICITY, WATER & SEWERAGE CHARGES FOR 1997/98
INVESTIGATION INTO ACTEW S ELECTRICITY, WATER & SEWERAGE CHARGES FOR 1997/98 MAY 1997 ACT ENERGY AND WATER CHARGES COMMISSION ACT ENERGY AND WATER CHARGES COMMISSION INVESTIGATION INTO ACTEW'S ELECTRICITY,
More informationActewAGL Distribution Submission to the Australian Energy Regulator for the period 2016-2021
CONSUMER SUMMARY ActewAGL Distribution Submission to the Australian Energy Regulator for the period 2016-2021 The Gas Network - Our 5 Year Plan Inside Our 2016-21 Plan What makes up your gas bill? Our
More informationPC13 Information Requirements Chapter 5 Financial Model and Financial Tables Issued 13 December 2011 - Version 01
PC13 Information Requirements Chapter 5 Financial Model and Financial Tables Issued 13 December 2011 - Version 01 Contents Chapter 5 - Financial Model and Financial Tables... 3 5.1. Table 5.1 Charge caps
More informationGreen Energy Efficiency Fund Overview Financed Cases. Jose-Luis Bobes, October 2012
Green Energy Efficiency Fund Overview Financed Cases Jose-Luis Bobes, October 2012 Objectives of the Conference User Forum Share experiences Learn from each other Provide feedback Target Audience: ESCOs
More informationECONOMIC COMMENTARY. Medium Term Budget Policy Statement (MTBPS) Economics South Africa
ECONOMIC COMMENTARY Economics South Africa 21 October 2015 Medium Term Budget Policy Statement (MTBPS) The MTBPS keeps deficit under control despite the deteriorating economic climate Minister Nene s second
More informationScorecard MD&A - General Overview
Scorecard MD&A - General Overview In 2014, Essex Powerlines Corporation has exceeded all performance targets except for the Net Annual Peak Demand Savings. Essex has seen improvement in some areas from
More informationFIRST ANNOUNCEMENT AND CALL FOR ABSTRACTS. 7th International Conference on Energy Efficiency in Domestic Appliances and Lighting (EEDAL 13)
FIRST ANNOUNCEMENT AND CALL FOR ABSTRACTS 7th International Conference on Energy Efficiency in Domestic Appliances and Lighting (EEDAL 13) 11-13 September 2013 Coimbra, Portugal Introduction Citizens and
More informationRequest for Quotation: Hosting and Pay Per Click Campaign: Shisa Solar
ENERGY OFFICE 19th Floor, 75 Dr Langalibalele Dube Street, Durban, 4001 P O Box 1014, Durban 4000 Tel: +27 31 311 1139, Fax; +27 31 311 1089 Email: derek.morgan@durban.gov.za www.durban.gov.za 30 th September
More informationBriefing Note 1 Solar Electricity & Solar Water Heating Regulations in Kenya
Briefing Note 1 Solar Electricity & Solar Water Heating Regulations in Kenya Kenya has tremendous potential for solar energy due to its proximity to the Equator. The country receives an estimated 4 to
More informationBuilding an inclusive economy for the next 20 years of freedom
1 Building an inclusive economy for the next 20 years of freedom In brief Over the past 20 years, South Africa has built a solid foundation on which to address its challenges. The country s fiscal and
More informationElectricity. Introduction
12 Electricity Introduction The electricity sector plays a key role in both economic and social development. Together with housing and water, Government has prioritised the provision of electricity to
More informationCity of Aspen. Electric Utility Revenue and Rate Structure Study. December 8, 2008. Todd Cristiano Senior Consultant. Pathways to Lasting Solutions
City of Aspen Electric Utility Revenue and Rate Structure Study December 8, 2008 Todd Cristiano Senior Consultant Agenda Draft For Discussion Purposes Only Service rate revenue requirements Existing rate
More informationThe CAO s Experience in Auditing Public Debt
The CAO s Experience in Auditing Public Debt Introduction :- The state general budget comprises of : administrative body budget, public service entity budget and local administration units budget. This
More informationAFRICAN UTILITY WEEK March 2011 Challenges with electricity supply: The role of the City of Cape Town
AFRICAN UTILITY WEEK March 2011 Challenges with electricity supply: The role of the City of Cape Town Alderman Clive Justus, Executive Mayoral Committee Member: Utility Services, City of Cape Town Content
More informationPOLICY GOVERNING PLANNING and APPROVAL of CAPITAL PROJECTS
ANNEXURE 18 POLICY GOVERNING PLANNING and APPROVAL of CAPITAL PROJECTS Budgets FINANCE DEPARTMENT City of Cape Town 1 Policy governing the planning and approval of capital projects Table of Contents 1
More informationAlice Miller Energy Consultant September 28, 2011
Rate Design and Billing Systems Alice Miller Energy Consultant September 28, 2011 What is Rate Design? Principal goals of rate design Meet revenue requirement Equity among service classes Customer impacts
More informationOverview of State and Local Green Building Incentives Tri-state Area (New York, New Jersey and Connecticut)
Overview of State and Local Green Building Incentives Tri-state Area (New York, New Jersey and Connecticut) States, local governments and utility companies offer various financial incentives to promote
More informationCommittee on the Northern Territory s Energy Future. Electricity Pricing Options. Submission from Power and Water Corporation
Committee on the Northern Territory s Energy Future Electricity Pricing Options Submission from Power and Water Corporation October 2014 Power and Water Corporation 1. INTRODUCTION On 21 August 2014, the
More information2015/16 INTEGRATED DEVELOPMENT PLAN AND 2015/16 MEDIUM-TERM BUDGET NEWSLETTER
The City of Tshwane Metropolitan Municipality 2015/16 Integrated Development Plan and 2015/16 Medium-term Budget 2015/16 INTEGATED DEVELOPMENT PLAN AND 2015/16 MEDIUM-TEM BUDGET NEWSLETTE Consolidating
More informationAMENDMENT TO LONG TERM COUNCIL COMMUNITY PLAN
2011 AMENDMENT TO LONG TERM COUNCIL COMMUNITY PLAN This document contains the 2011 amendment to the Revenue and Financing Policy of the 2009 Long Term Council Community Plan. This amendment was adopted
More informationCape Town 2011. State of Energy and Energy Futures Report. Energy use, carbon emissions inventory and scenarios for the future
Cape Town 2011 State of Energy and Energy Futures Report Energy use, carbon emissions inventory and scenarios for the future Disclaimer: This report is based on independent data and modelling research
More informationDBSA RENEWABLE ENERGY FINANCING
DBSA RENEWABLE ENERGY FINANCING Development Bank of Southern Africa Presented by Madalo Minofu Project Preparation Specialist: DBSA Project Preparation Funds Division 2 June 2014 1 DBSA s Product Offering
More informationEnergy Forecasting Methods
Energy Forecasting Methods Presented by: Douglas J. Gotham State Utility Forecasting Group Energy Center Purdue University Presented to: Indiana Utility Regulatory Commission Indiana Office of the Utility
More informationGuidelines on the preparation of Quarterly Reports for Public Entities. and Constitutional Institutions
Guidelines on the preparation of Quarterly Reports for Public Entities and Constitutional Institutions CONTENTS 1. INTRODUCTION 3 2. BACKGROUND 4 2.1. Current requirements for quarterly reporting... 4
More informationDISTRIBUTION CHARGES POLICY ELECTRICITY DEFINITIONS
DISTRIBUTION ELECTRICITY USE PRICING OF SYSTEM DEFINITIONS CHARGES (STANDARD) (DUoS) POLICY Electricity Pricing Definitions (standard) Page: 2 of 23 Terms and definitions For the purposes of this standard,
More informationExecutive Summary. Purpose of the Long Term Financial Plan. General assumptions. Objectives of Long Term Financial Plan. Assumptions and forecasts
Contents Executive Summary... 1 Purpose of Long Term Financial Plan... 1 Objectives of Long Term Financial Plan... 1 Assumptions and forecasts... 1 General assumptions... 1 Revenue Forecasts... 3 Rates
More informationAdministered Prices ELECTRICITY. A report for National Treasury GROVÉ STEYN
Administered Prices ELECTRICITY A report for National Treasury GROVÉ STEYN Preface This report was prepared for National Treasury to support its assessment of administered prices in South Africa. The objective
More informationSmart Storage and Control Electric Water Heaters. Greg Flege, Supervisor, Load Management Midwest Rural Energy Conference March 3, 2011
Smart Storage and Control Electric Water Heaters Greg Flege, Supervisor, Load Management Midwest Rural Energy Conference March 3, 2011 Dairyland Power Cooperative 25 Member Co-ops 16 Municipals 253,000
More informationSP Energy Networks 2015 2023 Business Plan
Environmental Discretionary Reward Scheme 1 SP Energy Networks 2015 2023 Business Plan Executive summary SP Distribution Ltd SP Manweb plc July 2013 RIIO ED1 Business Plan 2015 to 2023 2 A Message from
More information