Section 4: Interpretation

In these Regulations, unless the context otherwise requires- "Act" means the Electricity Act, 1999, Cap. 145; "asset owner" means a legal or natural person that is licensed under the Act; "authority"? means the Electricity Regulatory Authority established under section 4 of the Act; "construct" means to construct, re-construct, relocate, enlarge or extend; "distribution network" means the distribution plant and equipment operated at the distribution voltage equal to or less than 33Kv and used for conveying electricity and includes any structures, equipment or other things used for that purpose; "emergency investment" means investment aimed at maintaining continuity of supply to a maximum number of customers where supply is interrupted due to equipment failure or system faults as a result of natural elements; "extension of network" means additional installation of a distribution or transmission network; "goodwill" meas the value of an asset owned that is intangible but has a quantifiable prudent value in a business; "investment costs" means costs for distribution and transmission of electricity defined as the total direct and indirect costs of the complete distribution and transmission network; "investment" means the construction, expansion, reinforcements, installation, upgrade or extension of a network asset; "licensee" means the holder of a licence issued under the Act; "life cycle costing" means a process that determines the sum of all costs associated with an asset or part of an asset including acquisition, installation, operation, maintenance, refurbishment and disposal cost; "network asset" means electrical plant and equipment used for conveying of electricity at voltages of 11 kilo volts or above including electrical lines, circuits, transformers and substations; "non-network assets" means non electrical plant and equipment that are used for the day to day operational and maintenance activities of the distribution and transmission network; "prudent utility practices" means any of the practices, methods and acts, which, in the exercise of reasonable judgment in the light of the facts known at the time the decision was made including the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry prior thereto, reasonably could have been expected to accomplish the desired result consistent with reliability, safety, good business practice and expediency; "rate base" means the value of property from which a licensee is permitted to earn a specified rate of return, in accordance with the Act, these Regulations and the licence; "repairs and maintenance" means all actions which have the objective of retaining or restoring a network asset in or to a state in which it can perform its required function; "tariff year" means the period, in a designated number of years or months, for which the approved tariffs shall apply; "transmission network" means the transmission plant and equipment operated at the transmission voltage over and above 33Kv and used for the movement or delivery of electricity; "replacement" means replacement of network assets; "return on investment" means returns earned on investments in the transmission and distribution network comprising of electric lines, cables, transformer substations and other plant, equipment and facilities operating in transmission and distribution plant and equipment as defined in the Act and the Electricity (Primary Grid Code) Regulations, 2003; "tribunal" means the Electricity Disputes Tribunal established under Part XIII of the Act; "SCADA" means Supervisory Control and Data Acquisition; "security" means security of supply of electricity and technical safety; "upgrade" means a planned activity intended toward the improvement of network quality, value, capability and reliability, while extending its life in an economical manner and it excludes activities under operations and maintenance; "wayleaves" means a right of way required by a licensee for purposes of construction of an electricity distribution or transmission infrastructure.