Description
The Asian Development Bank's (ADB) wanted to assist the Nauru Utilities Corporation (NUC) to prepare recommendations that would reflect how the addition of a solar PV and battery energy storage system project would impact the level tariffs need to be set at to achieve cost recovery in the future.
Service Provided
The project was carried out over two phases. Phase One included (a) updating the NUC revenue requirement model and linked documents; (b) preparing a cost reflective tariff methodology and tariff petition guidelines for use by NUC; (c) updating tariff structure with differentiated tariff by class; and (d) developing tariff and regulation recommendations for NUC with a set of policy action items. Phase Two focused on the support to the government of NUC and included consultations with the NUC Board of Directors and other government stakeholders to discuss the proposed recommendations.