what is CRT ?

INTRODUCTION

On Thursday 13 October 2016, it was announced by the AER that the Council of Ministers had approved the introduction of a new tariff for high value customers.

The new tariff is designed to more accurately reflects the actual costs of providing a supply of electricity to large government, commercial and Industrial customers.

This booklet describes the key features of the new tariff and is designed to help the customers to better understand the new tariff structure.


CRT MEANING

CRT is an acronym for Cost Reflective Tariff. It is a description of a tariff structure, that reflects all the cost of electricity generation, transmission, distribution & supply to the customer. Under this tariff the customer will be bearing all the cost of his electricity consumption without government subsidy.