Procurement of a Consultant for Cost of Supply Study and Tariff Redesign

ESWATINI ELECTRICITY COMPANY Request for Expression of Interest (REOI) Consultancy Services For the COST OF SUPPLY STUDY AND TARIFF REDESIGN Request for Expression of Interest (REOI) (CONSULTING SERVICES – FIRMS SELECTION) Country: Kingdom of Eswatini Name of Project: Accelerating Sustainable and Clean Energy Access Transformation in Eswatini (ASCENT Eswatini) Project Grant No: TF0C7150 Assignment Title: Consulting Services for Cost of Supply Study and Tariff Redesign for the Eswatini Electricity Company Reference No . SZ-ECC-548687-CS-QCBS The Government of the Kingdom of Eswatini (GoKE) has received financing from the World Bank toward the cost of the Accelerating Sustainable and Clean Energy Access Transformation in Eswatini (ASCENT Eswatini) and intends to apply part of the proceeds for consulting services. The consulting services (“the Services”) include: Alignment of Time‑of‑Use (TOU) Tariff Structure – align the electricity import Time‑of‑Use (TOU) tariff structure with the Utility’s existing TOU customer tariff categories, in order to, ensure cost reflectivity, and improve revenue adequacy within the current tariff review cycle. This workstream shall be undertaken as a stand‑alone and priority assignment, with outputs capable of implementation in the immediate tariff year, while remaining consistent with the broader LRMC‑based Cost of Supply Study. Cost of Supply Study (LRMC-Based) - Determine the true cost of supplying electricity across all customer categories using the LRMC methodology covering Cost Allocation across utility segments Determination of marginal cost parameters Identification of cross subsidies and inefficiencies Establishment of the utility’s revenue requirement Etc. Tariff Redesign and Restructuring - develop a comprehensive tariff structure that supports cost reflectivity, fairness, financial sustainability, and integration of emerging sector developments. The tariff design must align with the outcomes of the LRMC based Cost of Supply Stu