38 Cyprus Energy Regulatory Authority and estimates that a decrease in the following Regulated Tariffs for the use of transmission and distribution systems: • Regulated Tariff for Use of Transmission System (T-NH) • Regulated Tariff for Use of Medium Voltage Distribution System (T-NM), and • Regulated Tariff for Use of Low Voltage Distribution System (T-NL), does not affect competition in the Electricity Market, since the Owner of the Transmission System and Owner and Operator of the Distribution System monopolize these activities, decided: • To reduce the Regulated Tariff for use of transmission and distribution systems (T-NH, T-NM, T-NL), which was approved with CERA Decision No. 15/2021, by 65% for a total period of four (4) months. • The loss of revenue that the Owner of the Transmission System and the Owner and Operator of the Distribution System will incur due to the reduction of Regulated Tariff for use of transmission and distribution systems will not be recovered during the rest of the current Regulatory Audit Period or during the next Regulatory Audit Period, but will be covered by cash reserves of EAC. • The discount that will be given shall clearly appear on the electricity bills that are issued by all electricity Suppliers, including the Regulated Supplier. • The reduction to the Regulated Tariffs for use of transmission and distribution systems (T-NH, T-NM, T-NL) to apply: › to monthly consumers, for electricity bills whose consumption was measured at the end of November 2021, and › to bi-monthly consumers, for electricity bills whose consumption was measured from 1st November 2021. • In the context of full transparency and information of all stakeholders, this Decision shall be communicated to EAC and will be posted on CERA's website. As a result of the above, a decrease of about 10% is expected on the final electricity bill of an average household consumer. Decision 295/2021 - Appointment of members of a licensing agency comprising of authorized independent producers and consumers By 295/2021, CERA approved the proposal made by TSOC for the appointment of specific Officers from the TSOC and EAC as the new Members of the Agency for the period from 18 October 2021 to 18 October 2024. Decision 301/2021 - Approval of amending version of the Ten-Year Transmission System Development Plan 2021 - 2030 By Decision 301/2021, CERA approved the Amending Version of the Ten-Year Transmission System Development Plan 2021 - 2030 (TYNDP) as submitted by TSOC and its publication. Decision 325/2021 - Approval of amending version of the Ten-Year Transmission System Development Plan 2021 - 2030 By Decision 325/2021, CERA approved the Amending Version of the Ten-Year Network Development Plan 2021 - 2030 (TYNDP) as submitted by the TSOC and its publication.
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