Section 4 in Jharkhand State Electricity Regulatory Commission (Terms and Conditions for Distribution Tariff) Regulations, 2004
4. Sales Forecast.
- 4.1 Sales for the ensuing year shall be based on the past trend. Suitable adjustments shall be undertaken to reflect the effect of known and measurable changes with respect to number of consumers, the connected load and the energy consumption. Such changes may include the Petitioner's plan for expansion of capacity, change in operating conditions and consumers' price elasticity of demand.4.2The energy requirement for each consumer category for the ensuing year shall be determined taking into account the trend growth rates for average specific consumption and the forecasted number of consumers.4.3The petitioner may also use econometric modelling incorporating different economic factors affecting the demand for forecasting the sales estimated.4.4Sales may also be forecasted on monthly basis to better reflect the influence of seasonality.
