Electricity Regulation Act, 2006 (Act No. 4 of 2006)Chapter I : Interpretation2. Objects of Act |
The objects of this Act are to—
| (a) | achieve the efficient, effective, sustainable and orderly development and operation of electricity supply infrastructure in the Republic of South Africa; |
[Section 2(a) substituted by section 2 of the Electricity Regulation Amendment Act, 2024, Notice No. 5139, GG51100, dated 20 August 2024 - effective 1 January 2025 per Proclamation Notice 236 of 18 December 2024 with exceptions]
| (b) | ensure that the interests and needs of present and future electricity customers and end users are safeguarded and met, having regard to the governance, efficiency, effectiveness and long-term sustainability of the electricity supply industry within the broader context of economic energy regulation in the Republic; |
| (c) | facilitate investment in the electricity supply industry; |
| (d) | facilitate universal access to electricity; |
| (e) | promote the use of diverse energy sources and energy efficiency; |
| (f) | promote competitiveness and customer and end user choice; and |
| (g) | facilitate a fair balance between the interests of customers and end users, licensees, investors in the electricity supply industry and the public. |