(1) The basic energy rate levied by the Company with respect to each kilowatt hour consumed, independent of any adjustment made for fuel cost under Schedule 2, must be adjusted to reflect any differences between the interim return and the final return or, as the case may be, any basic energy rates determined under section 33(3); but in the absence of any requirement for any such adjustment, the basic energy rates chargeable by the Company under the interim return must remain in effect.
(2) Where any adjustments are required, such adjustments become effective in relation to any bill issued by the Company after the end of the month in which the relevant final return is submitted or, as the case may be, within 14 days of the determination by the Commission; and any such adjustment, if required, must be distributed and allocated equally on a monthly basis over the remaining months in the then current financial year. (Amended by Act 2 of 2016)
(3) Basic energy rates adjusted in accordance with sections 30(3) and (4) and which may be further adjusted in accordance with subsection (1) must remain in force until an adjustment is made in accordance with section 30 and this section.