IRC Student Essay Competition
*New Deadline- August 31st, 2012* The Independent Regulatory Commission is pleased to announce the opening of its first student essay competition. Essay Competition The aim of this competition is to engage college and secondary school students across the island in discussing the role and responsibility of the IRC as it seeks to protect the public’s interest, regulate competition between service providers and monitor social and environmental issues within the industry. Topic: ‘Explain why it is important to establish an Independent Regulatory Commission to oversee and regulate the electricity sector in Dominica and how this is of benefit to electricity consumers’. …
DOMLEC’s Fuel Surcharge Attributable to Increase in Global Oil Prices
The world has been experiencing a steady rise in fuel prices on the international market in recent times, and this movement saw the price increase from $11.74 per gallon in January 2012 to $12.59 in April 2012. Since Dominica is highly dependent on fuel for its electricity generation (approximately 65% of the electricity generated comes from fossil fuel sources), the increases in fuel prices have directly affected our local electricity rates. The high prices paid for fuel by DOMLEC, has therefore impacted the monthly fuel surcharge charged to consumers over the past several months. The fuel surcharge escalation for the …
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