Section 32: Objects and Functions of the Commission.

(1) Subject to this Act, the Commission shall have the following principal objects :
(a) to create, promote, and preserve efficient industry and market structures, and to ensure the optimal utilisation of resources for the provision of electricity services;
(b) to maximise access to electricity services, by promoting and facilitating consumer connections to distribution systems in both rural and urban areas;
(c) to ensure that an adequate supply of electricity is available to consumers;
(d) to ensure that the prices charged by licensees are fair to consumers and are sufficient to allow the licensees to finance their activities and to allow for reasonable earnings for efficient operation;
(e) to ensure the safety, security, reliability, and quality of service in the production and delivery of electricity to consumers;
(f) to ensure that regulation is fair and balanced for licensees, consumers, investors, and other stakeholders; and
(g) to present quarterly reports to the President and National Assembly on its activities.
(2) For the furtherance of the objects referred to in subsection (1) of this section, the Commission shall perform the following functions:
(a) promote competition and private sector participation, when and where feasible;
(b) establish or, as the case may be, approve appropriate operating codes and safety, security, reliability, and quality standards ;
(c) establish appropriate consumer rights and obligations regarding the provision and use of electricity services;
(d) license and regulate persons engaged in the generation, transmission, system operation, distribution, and trading of electricity ;
(e) approve amendments to the market rules ;
(f) monitor the operation of the electricity market; and
(g) undertake such other activities which are necessary or convenient for the better carrying out of or giving effect to the objects of the Commission.
(3) In the discharge of its functions, the Commission shall consult, from time to time, and to the extent the Commission considers appropriate, such persons or groups of persons who may or are likely to be affected by the decisions or orders of the Commission including, but not limited to licensees, consumers, potential investors, and other interested parties.