Tariffs for Electricity Import (import in case of exchange)
1. For Electricity import to Georgia, the marginal tariff (upper ceiling) of import (import in case of exchange) for the Eligible Enterprises shall be determined by the following formula: T = (T imp.X E + U cust.+U serv. + U reg .+U bank .)/E,
T –stands for Marginal Tariff of the imported electricity (GEL/kWh);
T imp - The electricity cost (GEL/kWh) determined by appropriate contract or the electricity exchange coefficient;
E – The volume of actually imported electricity (kWh);
U cust. – Customs Service Fee (GEL);
U reg. – Regulation Fee (GEL);
U serv. – Service cost of “The Electricity System Commercial Operator”, Ltd (in case of the import carried out by the Ltd “Electricity System Commercial Operator” Userv.= 0);
U bank . – The fee of the Bank Guarantee (GEL) submitted by the eligible enterprise to the foreign enterprise to guarantee the electricity import into Georgia.
11. For the purposes of this article, the amount of bank guarantee referred to in paragraph 1 shall not exceed the sum of import contract fee for two months. Herewith, bank guarantee fee, for first calculation period, shall not exceed 0,50% of the guarantee amount, and for each following calculation period shall not exceed 0,20% of the guarantee amount. One-time actual expenses of bank guarantee, incurred prior to the commencement of import, shall be reflected in the first calculation period of the import, and all other expenses determined by bank guarantee agreement shall be reflected in import tariff according to the relevant calculation period, when expenses actually incurred.
2. Where the unplanned electricity flow (not more than 300000kWh) takes place at the customs border of Georgia through the line intended for international transit (power interchange) and the electricity import contract for this reporting period does not exist (does not function) as well as appropriate application to be submitted to the Dispatch Licensee, the contractual price (Timp.) of such electricity,
shall be equal to:
a) from September 1 till May 1 of each calendar year – upper marginal tariff of electricity established by the Commission for a generation license holder, which has the highest tariff of electricity.
b) from May 1 till September 1 of each calendar year – tariff of generation licensee, which has fixed tariff and has the lowest electricity tariff established by the commission.