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Extracts from Legislative Acts
The regulatory authority in the electricity sector is the Energy Regulation Agency (AERA) under the Ministry of Energy of the Republic of Azerbaijan.
In line with to the paragraph 1.1 of the "Charter of the Energy Regulatory Agency" approved by Decree No. 1750 of the President of the Republic of Azerbaijan dated December 22, 2017, AERA is a public legal entity that regulates relations between producers, transmission and distribution operators, suppliers and consumers in the field of electric and thermal energy, as well as gas supply in the Republic of Azerbaijan (hereinafter referred to as the relevant field), analyzes the activities of enterprises, makes proposals on restructuring measures, develops incentive mechanisms for attracting investments, organizes control over compliance with engineering and communication systems and service quality requirements. Currently, AERA carries out its activities on the basis of its charter and regulatory legal acts governing the relevant area.