The main role of the department of Economic Regulation is to ensure the effective regulation of the energy sector through the provision of financial and economic guidelines and advice to the ERB and clients. The major functions of the department include;

• Monitoring the efficiency and performance of undertakings

• Price Regulation

• Assessment of licence applications for their financial and economic viability

• Assessment of licence fees

• Monitoring and promoting competition within the energy sector

• Promoting investment in the energy sector

• Protection of consumer interests, in terms of affordability and sustainability of energy services
  

The Economics of Energy Regulation