(a) that the tariff progressively reflect the cost of supply of electricity at an adequate and improving level of efficiency;
(b) the factors which would encourage efficiency, economical use of the resources, good performance, optimum investments and other matters which the Commission considers appropriate for the purpose of this Act;
(c) the electricity generation, transmission, distribution and supply are conducted on commercial principles;
(d) the interests of the consumers are safeguarded and at the same time the consumers pay for the use of electricity in a reasonable manner;
(e) the principles and their applications provided in Section 46 and 57 of the Electricity (Supply) Act, 1948 (54 of 1948) and the Sixth Schedule thereto; and
(f) in the case of the Board the principles under Section 59 of the Electricity (Supply) Act, 1948 (54 of 1948) are observed:
(a) shall be in a manner that the existing subsidy given to any class or classes of consumer by charging higher tariff from other classes of consumer is progressively reduced to the extent that within a period of five years from the commencement of this Act, the tariff to every class of consumer shall reflect a minimum of sixty-seven per cent of the licensee's average cost of supply of electricity to that class;
(b) shall be just and reasonable and be such as to promote efficiency in the supply and consumption of electricity; and
(c) shall satisfy all other relevant provisions of the Act regulations and conditions of licence.
(a) "the expected revenue from charge" means the total revenue which a licensee is expected to recover from charges for the level of forecast supply in any financial year in respect of goods or services supplied to consumers.
(b) "Tariff' means a schedule of standard prices for transmission, distribution or supply of electric energy or charges for specified services, which are applicable to all such specified services provided to the type of purchaser or person who avails the service or consumer specified in Tariff.
Section 32 • The Gujarat Electricity Industry (Reorganisation and Regulation) Act, 2003
32. Tariffs.
gujarat-electricity-industry-reorganisation-and-regulation-act-2003-sec-32.json
•
Section 32
{
"act_title": "The Gujarat Electricity Industry (Reorganisation and Regulation) Act, 2003",
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"number": "32",
"title": "32. Tariffs.",
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"content": "(a) that the tariff progressively reflect the cost of supply of electricity at an adequate and improving level of efficiency;\n(b) the factors which would encourage efficiency, economical use of the resources, good performance, optimum investments and other matters which the Commission considers appropriate for the purpose of this Act;\n(c) the electricity generation, transmission, distribution and supply are conducted on commercial principles;\n(d) the interests of the consumers are safeguarded and at the same time the consumers pay for the use of electricity in a reasonable manner;\n(e) the principles and their applications provided in Section 46 and 57 of the Electricity (Supply) Act, 1948 (54 of 1948) and the Sixth Schedule thereto; and\n(f) in the case of the Board the principles under Section 59 of the Electricity (Supply) Act, 1948 (54 of 1948) are observed:\n(a) shall be in a manner that the existing subsidy given to any class or classes of consumer by charging higher tariff from other classes of consumer is progressively reduced to the extent that within a period of five years from the commencement of this Act, the tariff to every class of consumer shall reflect a minimum of sixty-seven per cent of the licensee's average cost of supply of electricity to that class;\n(b) shall be just and reasonable and be such as to promote efficiency in the supply and consumption of electricity; and\n(c) shall satisfy all other relevant provisions of the Act regulations and conditions of licence.\n(a) \"the expected revenue from charge\" means the total revenue which a licensee is expected to recover from charges for the level of forecast supply in any financial year in respect of goods or services supplied to consumers.\n(b) \"Tariff' means a schedule of standard prices for transmission, distribution or supply of electric energy or charges for specified services, which are applicable to all such specified services provided to the type of purchaser or person who avails the service or consumer specified in Tariff.",
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