Energy Regulatory Commission
The Energy Regulatory Commission (ERC) is a government agency responsible for overseeing the energy sector in a country. Its main role is to ensure that energy services are provided fairly, efficiently, and sustainably. The ERC sets rules and regulations for energy companies, monitors their compliance, and protects consumer interests by regulating prices and service quality.
Additionally, the ERC plays a crucial role in promoting competition within the energy market. It evaluates applications for new energy projects and licenses energy providers, ensuring that they meet safety and environmental standards. By doing so, the ERC helps to create a reliable and affordable energy supply for consumers and businesses alike.