This consultation document sets out for consultation with interested stakeholders proposed revised Economic Cost-Based Tariff or Levelized Cost of Energy (LCOE) methodology and policy for Renewable Energy Self-Generation (RESG) projects advanced by the Government and small-scale business or commercial enterprises.

The objectives of the consultation are to present and discuss –
• The proposed RESG cost-based rate-setting
• The approaches to Renewable Energy  tariff rate-setting,
• The proposed methodology for calculating cost-based rates, the data collection approach, and the proposed indicative tariff rates
• The cost-effectiveness analysis, findings to gather feedback from stakeholder.

URCA  invites and welcomes comments from licensees, members of the public and interested parties on the matter
set out in this consultation document. Such comments must be received by URCA within thirty (30) calendar days from the publication of this consultation document.

The deadline for receiving written comments is 5:00 pm on 18 November 2021.

The full consultation document can be found here.