Examples of Cost reflective tariff in a sentence
Cost reflective tariff setting is a requirement of Section 74(2) of the Municipal Systems Act, 2000 (Act No.32 of 2000) which states that tariffs must “reflect the costs reasonably associated with rendering the service”.
Retail margin 6.7. Cost reflective tariff structures6.7.1. Tariff structures should reflect cost drivers as far as possible.
Cost reflective tariff pricing is identified as an important vehicle to encourage demand management, reduce network investment (which is driven by peak loads) and costs.
The municipality’s revenue strategy is built around the following key components: ▪ Cost reflective tariff setting – The municipality has embarked on a process to determine cost reflective tariffs for the water, electricity and sanitation services in the 2017/2018 financial year, the study is concluded and the result thereof forms the basis of water, electricity and sewerage tariffs for the MTREF and foreseeable future.
Cost reflective tariff is critical to any sustainable success we may have with the power sector reform.
The major reasons of loss of GRIDCO are due to non-approval of Cost reflective tariff, Carrying costs on regulatory assets over the years which have adversely affected the working capital requirements over the years.
It is a very difficult task to find the balance between the two, Cost reflective tariff VS Affordable tariff.
Cost reflective tariff is adjusted each year as the cost to run and fund the business increases (in line with inflation as well as capacity growth).
This is extremely unlikely, but there are documented instances where sources have been contaminated by bromate pollution from an industrial source.
Cost reflective tariff level and elimination of subsidies will provide economic signals to reduce consumption and for the efficient use of electricity (e.g. energy efficient electrical appliances and technologies), leading to lower emissions and energy savings.• Implementing Demand Side Energy Efficiency.