A three-day seminar on the topic: "Tariff setting practices" has begun

A three-day seminar on "Tariff Setting Practices" organized by the National Association of Members of Utility Regulatory Commissions (NARUC) with financial support from the United States Agency for International Development (USAID) began today and will last until September 30 this year.

The regional workshop aims to support regulatory authorities in Central Asia in developing best practices for setting tariffs.

This event includes presentations, practical examples and discussion of issues related to tariff formation, using practical examples from different countries.

In addition, various approaches used in Central Asian countries will be discussed during the seminar.

Deputy Chairman Nurlan Dzhalgasbayev will speak on behalf of the KREMLIN at this seminar.

Along with the CREAM, the participants of the seminar are the State Agency for Regulation of the Fuel and Energy Complex under the Government of the Kyrgyz Republic, the Ministry of Finance of the Republic of Uzbekistan, the Antimonopoly Service under the Government of the Republic of Tajikistan and the Ministry of Energy of Turkmenistan.

Today, on the first day of the seminar, representatives of Central Asian regulatory authorities will make presentations about the regulatory environment in which they work and discuss tariff setting practices in their countries.

In general, the seminar will cover about 70 employees of the structural and territorial divisions of the CRNM.

Also, in accordance with the agenda of the seminar, reviews on the economic regulation of utility companies and on determining the required income on the example of Moldova will be presented.

In the following days, the participants will consider the following issues:

- tariff rates based on performance indicators on the example of the state of Hawaii, USA;

- overview of the second component of regulation based on the cost of services - cost allocation;

- a practical example of Georgia on the distribution by regulatory authorities of the required income between classes of consumers;

- review of the third component of regulation based on the cost of services - the structure of tariff rates;

- development of tariff rates on a practical example;

- an overview of the tariff rate setting process used by regulators in the United States.

Following the three-day presentations of the speakers, the participants will discuss the problems faced by the Central Asian countries in the field of energy related to regulation, infrastructure, tariffs and subsidies.

In general, the seminar should be very interesting and informative for the staff of the Committee, in terms of understanding the practices of setting tariffs in other countries.