Consider the following functions of the State Electricity Regulatory Commission (SERC):1.To determine the tariff for generation, supply, transmission and wheeling of electricity.2.To advise the State Government on matters relating to promotion of competition and efficiency.3.To adjudicate upon disputes between the licensees and generating companies.Which of the functions given above is/are correct?

Correct Answer: C - 1, 2 and 3

Quick Concept Explanation

State Electricity Regulatory Commissions perform statutory regulatory functions under the Electricity Act, including tariff-related responsibilities, advising State Governments on competition/efficiency and adjudicating specified disputes between licensees and generating companies. The exact scope is statutory, not merely administrative. Key relation: SERC functions are grounded in the Electricity Act and state regulatory framework.

Exam focus: Tariff, advisory and dispute-adjudication roles are distinct functions. Common trap: Do not confuse the regulator with the transmission or distribution utility.

Statement-wise Verification

• Statement 1 - Correct.
  To determine the tariff for generation, supply, transmission and wheeling of electricity.
  State Electricity Regulatory Commissions perform statutory regulatory functions under the Electricity Act, including tariff-related responsibilities, advising State Governments on competition/efficiency and adjudicating specified disputes between licensees and generating companies.
• Statement 2 - Correct.
  To advise the State Government on matters relating to promotion of competition and efficiency.
  State Electricity Regulatory Commissions perform statutory regulatory functions under the Electricity Act, including tariff-related responsibilities, advising State Governments on competition/efficiency and adjudicating specified disputes between licensees and generating companies.
• Statement 3 - Correct.
  To adjudicate upon disputes between the licensees and generating companies.
  Which of the functions given above is/are correct?

Core Concept

State Electricity Regulatory Commissions perform statutory regulatory functions under the Electricity Act, including tariff-related responsibilities, advising State Governments on competition/efficiency and adjudicating specified disputes between licensees and generating companies. The exact scope is statutory, not merely administrative.

Formula / Key Relationship

SERC functions are grounded in the Electricity Act and state regulatory framework.

Why the Other Options Are Wrong

Option A is incorrect because it omits correct statement(s) 3. Option B is incorrect because it omits correct statement(s) 1. Option D is incorrect because it omits correct statement(s) 2.

Exam Shortcut / Approach

Tariff, advisory and dispute-adjudication roles are distinct functions.

Common Mistake

Do not confuse the regulator with the transmission or distribution utility.

Quick Revision

Functions of SERC is linked with State Electricity Regulatory Commission, Electricity Act 2003 and Electricity Law and Regulation. Tariff, advisory and dispute-adjudication roles are distinct functions.