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Section 18: Differential Costs

The Himachal Pradesh Electricity Regulatory Commission (Recovery of Expenditure for Supply of Electricity ) Regulations, 2012State Regulations of Himachal Pradesh · 2003

(1) The distribution licensee shall recover the expenses and/or charges for giving electricity connections to the applicants as per the provisions of these Regulations and any other additional expenses, as are not recoverable from the applicants under any Regulations or Law, shall be met out of the approved financial provisions of the capital expenditure plan.

(2) In cases where the cost of certain works is to be recovered from the applicant or group of applicants initially on the basis of estimate and such recovery is subject to adjustment as per actual as per the provisions of these regulations, the following provisions shall apply:-

(a) the estimate shall be prepared on the basis of the standard cost data as per sub regulation (2) of Regulation 13; and the licensee shall, within ninety days of commissioning of the works, render to the applicant/consumer, the account of expenditure showing the excess or deficit in relation to the initial estimated amount giving details of item wise estimation and actual expenditure alongwith the item wise figures of variance to the extent possible and if applicant requires any additional information, the distribution licensee shall furnish the same within ten days of receipt of such requisition.

Compendium of HPERC Regulations, March 2021 17

(3) The distribution licensee shall recover or refund, as the case may be, the difference between the actual expenditure and the estimated cost within 60 days from the submission of account and the unrefunded or unrecovered amounts, as the case may be, shall attract simple interest @ 12% per annum for the period beyond the said limit of 60 days.

Where this provision sits

ActThe Himachal Pradesh Electricity Regulatory Commission (Recovery of Expenditure for Supply of Electricity ) Regulations, 2012
Section18
Marginal noteDifferential Costs
JurisdictionState of Himachal Pradesh
StatusIn force as published by the source

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