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Other Reports & Papers

Santo Fund Report

This report presents the use of the "Santo fund for electricity related projects" (the Santo fund) for the period from July 2015 to July 2017 covering VUI's invoicing period of kWh's billed between April 2015 and March 2017 inclusive.

PDF Santo Fund Report


 

The URA also focuses on facilitating interactions with utilities and getting information it requires to meet its functions and objectives.

 


Vanuatu Rural Electrification Project

The Vanuatu Government through the Department of Energy is currently engaged on the Vanuatu Rural Electrification Project (VREP) which will be funded by New Zealand Government through the World Bank. The project with an estimated cost of US$4.7 million is focused on "plug and play" system in the 5 to 30 Wp range for the project scoping purposes; however larger systems that meet the product criteria (technical specifications etc.) may also be considered.

Bulletin

PDF Draft Environmental Code of Practise

PDF Vanuatu Rural Electrification Project ECOP - Final


Restriction on Provision of Financial Support

The Utilities (Restriction on Provision of Financial Support) Rules 2014 regulates certain utility financial transactions with third parties. The Rules ensure that revenue collected from consumers is used prudently, so that utility services are not jeopardized.


REVIEW OF CERTAIN ACTIONS-INTERNAL REVIEW GUIDELINE

The Guideline sets out the URA’s processes, procedures and preferred methodology for reviewing certain actions by internal review as set out under the URA Act. It also describes the rights, obligations and responsibilities of utilities, commissioners and the URA. The Guideline should be read in conjunction with Part 5 section 27 of the URA Act. The purpose of the Guideline is to inform stakeholders of the URA’s decision-making role in relation to its functions and powers, such as issuing safety and reliability standards, determining prices and conducting consultations. By providing information in relation to the process for conducting reviews of certain action by internal review, the Guideline is intended to establish workable and effective review processes, and to enable aggrieved parties to be adequately prepared for the process. By providing information on the rights and obligations of the parties to an internal review process, the Guideline can assist to facilitate efficient and effective consultation between the parties.

PDF Review of Certain Actions – Internal Review Guideline January 2012

 


 

REGULATORY REPORTING REQUIREMENTS

One of the challenges the URA has had to overcome when implementing effective regulatory controls relates to information asymmetry that exists between the regulator and the utilities. In several instances the first electricity tariff review it conducted was restricted by the information available. Regulatory needs are not always met by corporate financial accounting. Concession agreements define certain accounting procedures but not all. The URA, after consultation with stakeholders, aims to update and improve the regulatory reporting requirements allowing future reviews to be simpler and information more transparent. In its tariff review, the Authority relied on the utility’s existing accounting standards. This guideline establishes the appropriate guidelines and advanced regulatory accounting standards for future reviews. In addition, standardized reporting will make it possible to track and report efficiently on the performance of utility companies.

PDF Issues Paper March 2012

PDF Framework Paper November 2012

PDF Draft Decision March 2013

PDF Final Decision September 2013