EPAP requires operators to annually conduct sufficient evaluations of their controls to continue to assure themselves, and the AER, that their controls are effective. Operators are expected to evaluate sufficient controls so they can declare with a reasonable level of assurance.
An example of an evaluation of controls is evaluating a sample list of meter calibrations for two months of the prior year for completeness and evidence that someone reviewed the list.
Where an operator concludes that controls are deficient, the AER expects the operator to develop and implement a plan to remediate the deficiencies.
Most operators are implementing a new process to conduct evaluations of controls to provide the data needed to support their declaration to the AER and to better understand the remediation work that may be needed.
See a graphical view of the relationship among business processes, controls and evaluations of controls.
To invite a Corvelle consultant to your office to describe best practise approaches for evaluating controls, please contact us.
