Assam Electricity Regulatory Commission was established as a single member commission on February ,2001 as per provisions of Electricity Regulatory Commission Act 1998. Appointment of Chairperson of AERC was made on August 2001.

Functions of AERC:..To Determine the Tariff for Electricity whole sale,Bulk,Grid or retail as the case may be in the manner prescribed in the Act.
..To Determine the tariff payable for the use of the transmission facilities in the manner prescribed in the Act.
..To regulate power purchase and procurement process of the transmission utilities including the prices at which power shall be procured from the generating companies ,generating stations, or from other sources for transmission sale distribution and supply in the state .