Energy Department, Head Of Infrastructure Division
CurrentPublic Utilities Commission (PUC) is an independent state institution responsible for regulation of energy, telecommunications, post and railway sectors in accordance with the law "On Regulators of Public Utilities" and the corresponding normative acts in the regulated sectors.Public utilities’ sectors (electricity, gas, heat supply, telecommunications, water supply, sewerage and railway) are usually characterised by natural monopolies. This is because capital-intensive and complicated infrastructure allows only one large company to operate in the limited market place and provide services to a wide group of consumers. Public utilities regulation prevents abuse of monopoly power and provides consumers with services of adequate quality for reasonable price. The international experience shows that special regulatory agency must be set up to provide professional regulation of public utilities.
