NEWS

Azerbaijani Parliament approves new rules to regulate electricity prices

APRIL 12, 2023

Tariffs in the electricity sector were proposed to be regulated in Azerbaijan in accordance with new rules.

This issue was reflected in the new draft law "On electric power industry", which was submitted for discussion at today's meeting of the Committee of Azerbaijan's Parliament for Natural Resources, Energy and Ecology.

According to the bill, regulated prices and tariffs in the electricity sector should be set by the regulator.

The regulated prices and tariffs of the electricity sector should include electricity consumption tariffs; electricity distribution tariffs; tariffs for market operator services; prices for connection services to transmission and distribution networks; tariffs for the supply of electricity to consumers by an authorized supplier, provided for in Article 19.8 of this Law.

https://en.trend.az/business/energy/3733735.html