The purpose of this consultation document is to present a framework, and an outline of the principles, methodologies and procedures that URCA proposes to use in the rate-setting exercise and to elicit comments and inputs from all stakeholders.

The objectives of the Tariff Review function include:

• Protecting consumers from paying more than necessary so that they pay only that which is a fair, just, and reasonable amount for the services they receive and commodities they consume.
• Ensuring that utility providers charge only that which is necessary and to receive a fair rate of return on their investment.