Tariffs, Cost Recovery and Subsidies
According to the law, a tariff reflecting generation and transmission costs would be the regulated power price for distributors. The tariff, to be published in the official Gazette in order to become effective, had to be calculated yearly by the generators and approved by the regulator, who would also decide on any subsequent adjustments to it. However, ENEE has failed to apply this 1994 Law’s provision for the calculation and implementation of cost-covering tariffs and of focalized subsidies.
Read more about this topic: Electricity Sector In Honduras
Famous quotes containing the words cost and/or recovery:
“To become a token woman—whether you win the Nobel Prize or merely get tenure at the cost of denying your sisters—is to become something less than a man ... since men are loyal at least to their own world-view, their laws of brotherhood and self-interest.”
—Adrienne Rich (b. 1929)
“With any recovery from morbidity there must go a certain healthy humiliation.”
—Gilbert Keith Chesterton (1874–1936)