ERC Objectives:
- To safeguard and maintain an efficient structure for the sector as well as to guarantee its economic feasibility
- To encourage investment in the sector in addition to improving the operational efficiency and sale of electric power at reasonable prices
- To ensure the provision of safe, secure ,reliable and high quality services in all electric sector fields
- To ensure the compliance of the activities in the sector with applicable environment protection standards ad general public safety conditions enforced in the Kingdom
- To ensure this sufficient supply of electric power is being provided to customers
- To ensure that prices charged by electric companies are sufficient to finance its activities and allow it to earn a reasonable return on its investment
- To protect the interests of consumers
- To ensure that the regulation of the sector is fair and balanced to consumers, electric companies, investors and other stakeholders
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