Publication:
Republic of Armenia : Power Sector Tariff Study

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dc.contributor.authorKochnakyan, Artur
dc.contributor.authorBalabanyan, Ani
dc.contributor.authorAntmann, Pedro
dc.contributor.authorLaderchi, Caterina Ruggeri
dc.contributor.authorOlivier, Anne
dc.contributor.authorPierce, Lauren
dc.contributor.authorHankinson, Denzel
dc.date.accessioned2014-01-29T22:32:24Z
dc.date.available2014-01-29T22:32:24Z
dc.date.issued2013-06
dc.description.abstractArmenia's energy sector has achieved a level of electricity reliability, service quality and efficiency of sector operations that stands out among countries participating in Commonwealth of Independent States (CIS). Much of this can be attributed to a decade of regulatory reform including a long-standing commitment to cost-recovery tariffs. The study is structured as follows: section one provides definitions of the key terms used and a background on the current tariff setting process in Armenia. Section two indicates how far tariffs have departed from cost-recovery levels and what costs have not been covered as a result. Section three describes how new investments will affect the average cost of service and the average residential tariff. Section four proposes a marginal cost-based tariff structure and explains why this differs from the current tariff structure. Section five discusses the poverty and social impact of tariff increases needed to cover new investments in 2021. Section six identifies options for subsidization and mitigating rate shock that will help transition to higher, marginal cost-based tariffs. Finally, section seven summarizes conclusions and recommendations of the analysis.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/06/17933307/armenia-power-sector-tariff-study
dc.identifier.doi10.1596/16703
dc.identifier.urihttps://hdl.handle.net/10986/16703
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO ELECTRICITY
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectADMINISTRATIVE COSTS
dc.subjectALTERNATIVE ENERGY
dc.subjectANNUAL REVENUE REQUIREMENT
dc.subjectAPPROACH
dc.subjectASSET VALUE
dc.subjectAVAILABILITY
dc.subjectAVERAGE COSTS
dc.subjectAVERAGE TARIFF
dc.subjectAVERAGE TARIFFS
dc.subjectBALANCE
dc.subjectBENEFICIARIES
dc.subjectBIOMASS
dc.subjectBIOMASS PLANT
dc.subjectBLOCK TARIFF
dc.subjectBLOCK TARIFFS
dc.subjectBUDGETING
dc.subjectCAPACITY CONSTRAINT
dc.subjectCAPITAL COSTS
dc.subjectCAPITAL EXPENDITURE
dc.subjectCARBON EMISSIONS
dc.subjectCASH TRANSFER
dc.subjectCASH TRANSFERS
dc.subjectCOLLECTION EFFICIENCY
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMERS
dc.subjectCOST OF CAPITAL
dc.subjectCOST OF ELECTRICITY
dc.subjectCOST OF SERVICE
dc.subjectCOST RECOVERY
dc.subjectCOSTS OF ELECTRICITY
dc.subjectCURRENCY
dc.subjectCUSTOMER COSTS
dc.subjectDEBT
dc.subjectDEBT SERVICE
dc.subjectDEMAND FOR WATER
dc.subjectDEPRECIATION CHARGE
dc.subjectDEPRECIATION RATE
dc.subjectDISCOUNT RATES
dc.subjectDISPOSABLE INCOME
dc.subjectDISTRIBUTION FACILITIES
dc.subjectDISTRIBUTION MARGIN
dc.subjectDOMESTIC CONSUMPTION
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC REGULATION
dc.subjectECONOMIC THEORY
dc.subjectEFFICIENT ALLOCATION
dc.subjectELECTRICITY
dc.subjectELECTRICITY CONSUMPTION
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY PRICE
dc.subjectELECTRICITY SECTOR
dc.subjectELECTRICITY SUPPLY
dc.subjectELECTRICITY TARIFFS
dc.subjectENERGY AUDIT
dc.subjectENERGY BILLS
dc.subjectENERGY COMPANIES
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY COSTS
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY EXPENDITURE
dc.subjectENERGY SOURCES
dc.subjectENERGY USE
dc.subjectEQUIPMENT
dc.subjectEQUITY FINANCING
dc.subjectEXCESS CAPACITY
dc.subjectEXCESS SUPPLY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL SUSTAINABILITY
dc.subjectFINANCIAL VIABILITY
dc.subjectFISCAL BURDEN
dc.subjectFIXED ASSETS
dc.subjectFIXED CHARGE
dc.subjectFIXED COSTS
dc.subjectFUEL
dc.subjectFUEL COST
dc.subjectFUEL COSTS
dc.subjectFUEL STORAGE
dc.subjectGAS
dc.subjectGAS PLANT
dc.subjectGAS PLANTS
dc.subjectGAS TURBINE
dc.subjectGDP
dc.subjectGENERATION
dc.subjectGENERATION CAPACITY
dc.subjectGENERATION COSTS
dc.subjectGENERATORS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT FUNDS
dc.subjectGOVERNMENT PLANS
dc.subjectGOVERNMENT SUBSIDIES
dc.subjectHEAT
dc.subjectHEAT DEMAND
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD INCOME
dc.subjectHYDROPOWER
dc.subjectHYDROPOWER PLANT
dc.subjectIMPLICIT SUBSIDY
dc.subjectINCOME TAX
dc.subjectINFLATION
dc.subjectINITIAL CONSUMPTION BLOCK
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINTERNATIONAL BANK
dc.subjectINVESTMENT COSTS
dc.subjectINVESTMENTS IN ENERGY
dc.subjectKILOWATT HOUR
dc.subjectKILOWATT-HOURS
dc.subjectLEVEL OF DEPRECIATION
dc.subjectLOAD MANAGEMENT
dc.subjectLOAN
dc.subjectLOCAL DISTRIBUTION
dc.subjectLOW TARIFF
dc.subjectLOWER TARIFFS
dc.titleRepublic of Armenia : Power Sector Tariff Studyen
dspace.entity.typePublication
okr.date.disclosure2013-10-10
okr.date.doiregistration2025-05-07T12:18:22.729541Z
okr.doctypeEconomic & Sector Work::Energy Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2013/06/17933307/armenia-power-sector-tariff-study
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeEnergy and Extractives
okr.guid648501468218416920
okr.identifier.externaldocumentum000333037_20130627161449
okr.identifier.internaldocumentum17933307
okr.identifier.reportACS4845
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/06/27/000333037_20130627161449/Rendered/PDF/ACS48450WP0P120cial0use0only0900ACS.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryArmenia
okr.sectorEnergy and mining :: General energy sector
okr.sectorEnergy efficiency in Heat and Power
okr.themePublic sector governance :: Other public sector governance
okr.themeFinancial and private sector development :: Infrastructure services for private sector development
okr.topicInternational Economics and Trade::International Trade and Trade Rules
okr.topicEnergy::Energy Production and Transportation
okr.topicEconomic Theory and Research
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicMacroeconomics and Economic Growth
okr.unitEnergy (ECSEG)
okr.volume1 of 1
relation.isAuthorOfPublication9b1a1f4d-b0ac-5a97-bd57-4cdcd694fe40
relation.isAuthorOfPublication.latestForDiscovery9b1a1f4d-b0ac-5a97-bd57-4cdcd694fe40
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