IRC prepares for tariff review of DOMLEC
The Independent Regulatory Commission (IRC) is preparing to review electricity rates for Dominica Electricity Services Ltd. (DOMLEC). As the regulator of the electricity sector in Dominica, the Electricity Supply Act No. 10 of 2006 empowers the IRC to review and approve electricity rates. Speaking at a news conference on Thursday, March 17th, Executive Director of the IRC, Justinn Kase, explained that costs incurred by DOMLEC will guide the determination of electricity rates. “Expectations of the exercise is that we will do our best to analyze DOMLEC’s expenses, capital investments and operational costs and all these different costs that are required …
Notice to Public on Commission’s Response to DOMLEC for WACC
Notice for Public Information on the Commission’s Response to DOMLEC’s Application for Reconsideration of the IRC’s Decision Document Weighted Average Cost of Capital for Dominica Electricity Services Limited (DOMLEC) – Document Reference 2015/001/D Take notice that the Commission has responded to DOMLEC on its Petition for Reconsideration of the Decision of the Independent Regulatory Commission on Weighted Average Cost of Capital (Document Reference 2015/001/D), which was issued on April 23rd, 2015. THE RESPONSES ARE AS FOLLOWS: Decision 1: DOMLEC’s capital structure shall be 40% debt and 60% equity for the tariff period 2015 – 2017. DOMLEC requested 33.1% debt and 66.9% …
Notice for Public Comments on DOMLEC’s Reconsideration of WACC
Notice for Public Comments on DOMLEC’s Petition for Reconsideration on the IRC’s Decision Document Weighted Average Cost of Capital for Dominica Electricity Services Limited (DOMLEC) – Document Reference 2015/001/D. Take notice that DOMLEC has filed a Petition for Reconsideration of the Decision of the Independent Regulatory Commission on Weighted Average Cost of Capital (Document Reference 2015/001/D), which was issued on April 23rd, 2015. The Public is requested to submit comments on this Petition within Ten (10) days of publication of this Notice. Description of DOMLEC’s Request: IRC Decision 1: DOMLEC’s capital structure shall be 40% debt and 60% equity for …
O. D. Brisbane and Sons’ Application
The public is advised that pursuant to Section 30 of the ESA, O. D. Brisbane and Sons (Dominica) Ltd has submitted an application to the Commission for the grant of a Generation Licence. Interested parties may access the details of the Application on the IRC website at or obtain a copy from the IRC’s office at: 42 Cork Street Roseau Tel. 440 6634 Comments on the Application are to be submitted to the IRC by: April 3rd, 2012 …
Petro Caribe Increases its Price Per Gallon of fuel to DOMLEC
The IRC is aware that Petro Caribe has increased its price per gallon of fuel supplied to DOMLEC in the new contract agreed with DOMLEC for the supply of fuel for the next year beginning March 1, 2011. We have been alerted of this fact by both DOMLEC and the Ministry of Public Works, Energy and Ports. While it is likely that there would be some increase in the fuel surcharge, the IRC with the cooperation of DOMLEC is working to minimize the impact of the increase on consumers’ bills. To this end DOMLEC has been advised that the IRC …
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