GNERCGeorgian National Electricity Regulatory Commission (Georgia)
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Accordingly, the GNERC's requirement in terms of professional experience should have been a desirable, rather than a mandatory condition.
WACC is used by GNERC to guarantee licensed companies a reasonable return on investment and incentivize cost reduction.
New tariffs are set so as to cover th e capital and operating expenditures for the year 2016 and deliver a margin pre-determined by GNERC. Guaranteed capacity (GC) fees and per kWh generation tariffs for TPPs were also revised.