Open AccessELECTRICITY TARIFFS IN GEORGIA
Author(s) -
Maka Jishkariani
Publication year - 2019
Publication title -
world science/world science
Language(s) - English
Resource type - Journals
eISSN - 2414-6404
pISSN - 2413-1032
DOI - 10.31435/rsglobal_ws/30092019/6697
Subject(s) - electricity , tariff , electricity retailing , electricity market , business , mains electricity , industrial organization , commerce , environmental economics , finance , natural resource economics , economics , international trade , engineering , voltage , electrical engineering
Article discusses electricity tariff setting methods, such as: «Rate of Return Regulation», «Price Cup Regulation», «Return Assets Base (RAB)» and «Cost Plus». Meet the interests of electricity producers and consumers are one of the indicators of the health of the electricity sector. At present, the Georgian electricity market is striving to harmonize with EU standards and established electricity tariff methodology should be use the best method to encourage investors to invest in the field and expand their infrastructure while ensuring the reliability and efficiency of electricity supply.