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     1,400
              1,200
Rial per kwh  1,000
                                                        Electricity Market Annual Report 2020-2021 17
                800
13. Tra64n0000smission Service
Based on th2e00regulations, the transmission payment is calculated based on the pre-defined tar-
iffs for availab0le capacity and also the energy passing through the transmission lines and power
transformers. The tariffSsparirneg designated anSnumumalelyr to the differenFtaltlransmission voWltaingteerlevel (lines
& transformers).Figure 15: Average Electricity Sale Price in the Spot Market in Fiscal Year
Ai1nv3athi.leabtiaTlbitlyreias2,aniktsehmyafsaicastogsrrietoahtantcoinSnftleruirebnuvcteiioscntehienrtehmeutnoetaral tpioanymofeanttrtaonsthmeistsriaonnsmcoimsspioannyc.oAmspisanseieesn.
tEBtprrxaraacnenses-sesadsdmcetpfiiooaisnynnsmeirodteehnnmtetaluircrnnioefeengfrsssauitasflitaoonsntrdiosoa.fpnvdosaiw,fifleteahrrbeedltertaarccnaacsnopfsuoamnrctmiists,yesdiraoastn.nadTlpohaaselsysotmpaertenhinfaeflttsieieanss,reecarangdldyceusipnilagatesntrseanidtanetgibdoantahsanerlnodeuuleoagcnlhtlryittchhittoeey
the different transmission voltage level (lines & transformers).
                    TaTbalbe2le:2T:oTtoatlaTl rTarnasnmsmisissisoionnCCoommppaanniieessRReemmuunnereartaitoinon
           Payment       Availability      Energy      Excess  Total (Billion Rials)
                                       Transmission  Payments
March 2017 – March 2018     74.9 %                                    39,246
March 2018 – March 2019     72.7 %         13.3%       11.8%          41,131
March 2019 – March 2020                    12.9 %      14.4%          56,757
March 2020 – March 2021      55%           11.3%       33.7%          98,964
                            33.7%           5.5%       60.8%
Availability is a key factor that influences the remuneration of a transmission
company. As is seen in the table 2, it has a great contribution in the total payment
to the transmission companies. Excess payment consists of differed accounts,
data loss penalties, and international electricity transaction remunerations.
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