Comments on final decision

(1) No later than fifteen days after the date of issuance of the independent expert’s report, the Commission shall issue a final decision setting out the regulated values, mean electricity rates, tariffs, rates, charges and fees that will be in effect for the next ATP. (2) (a) Subject to the rate setting methodology developed by the Commission, the Final decision may be reviewed and amended to adjust the approved tariffs for the period January 1 to June 30 in any ATP, to account for any material variances between the Reference Cost of Power and actual Cost of (b) In making such amendments, the Commission may make further provisions for the enforcement of the said final decision, provided that the following procedure shall apply to the issuance of the amendments to the final decision– (i) no later than 21 days prior to the commencement of the period referred to in paragraph (2)(a) above, the licensee shall submit a new forecast for the Cost of Power for the said period; (ii) within 15 days of the submission of the new forecast for the Cost of Power, the Commission shall issue a final draft of the amendments to the final decision; (iii) within 10 days of the date of issuance of the final draft of the amendments, the licensee and interested parties may file with the Commission written comments on the proposed amendments; 40 Electricity (iv) within 5 days of the deadline for the filing of comments, the Commission shall issue the amendments, if any, taking into consideration the comments filed under paragraph (2)(iii) above. (3) Any amendments made under paragraph (2) above shall be read and construed as one with the final decision. Rate