Guidelines from Electricity Regulatory Commission
The electricity companies have successfully adopted the guidelines issued through ERCs Utilities usually set their yearly KPI targets using the tariff order (and its directives) as the basis. Therefore, the tariff order is analyzed into its elements that affect its profitability, financial viability and liquidity. These are then converted within monthly targets for each section office, consolidated at the divisions, additionally aggregated at circle levels and at last into zone and then at the organization level.
The organizations in the business of power sectors require realizing that KPIs are closely linked to the regulatory process. The KPIs have to be developed accordingly for decreasing the business risk continuously and consequently improving the economic viability of the organization.