Electricity Act, Act No.4 of 2002 (Chapter 13:19), revision under Act No.3 of 2003
This Act repeals the former Electricity Act. It establishes the Zimbabwe Electricity Regulatory Commission and details its functions and management rules. The Commission has the objectives to create and promote efficient industry and market structures, maximise access to electricity services, ensure adequate electricity supply, ensure safety, security and reliability of electricity deliveries and provide fair and balanced regulations in the sector. The Commission is expected to coordinate with the Rural Electrification Fund Board, the Zambezi River Authority, consumers of electricity, potential investors in the electricity services and other interested parties whenever appropriate. The Commissions consists of not less than five and no more than seven Commissioners, with three being full-timer. They are appointed by the President after consultation with the Minister of Mines and Energy.
The Zimbabwe Electricity Regulatory Commission provides incentives for the continued improvement of the technical and economic efficiency with which the electricity services are provided. Thought it does not detail the process, the Commission is in charge of formulating and implementing the measures.