Sustainable Strategy and Commitments slide image

Sustainable Strategy and Commitments

Dx Regulation | Tariff Structure The tariff is divided into two parts, Components A and B enel How is Component B defined in the Tariff Reviews? When Tariff is update? Annually in the Tariff Adjustment ■ Every 4/5 years in the Periodic Tariff Reviews Operational Costs OPEX Benchmarking Analysis How Tariff is update? ■ Component A items: The new costs are pass-through to consumers annually (in the Annual Tariff Adjustment and in the Periodic Tariff Reviews) ■ Component B: Investment remuneration Net Remuneration Asset Base x WACC Depreciation Gross Remuneration Asset Base x % of depreciation - Annual Tariff Adjustment: Component B is update by market growth + inflation (discounted factor of quality and productivity) Losses and default rate Periodic Tariff Reviews: Component B is recalculated Non Technical Losses and delinquency rate based on socioeconomic model and benchmarking 32 32
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