The Agency was established as a regulatory body for performing the following tasks:
enhancing and directing the development of the energy market in accordance with the principles of non-discrimination and effective competition,
monitoring the implementation of regulations and energy systems operating codes,
harmonizing the activities of energy entities in providing regular supply of energy and services to customers and ensuring their protection and equal treatment.
The Agency is functionally independent from any government bodies, all energy entities and users of their products and services, as well as other legal and physical persons.