Public Consultations on Domlec’s Licence Negotiations
The Independent Regulatory Commission (IRC) invites interested stakeholders to participate in its public consultations on Domlec’s negotiations at the following venues and times: Monday 28th January 2013, 9am-4pm – (Roseau) Fort Young Hotel Tuesday 29th January 2013, 5pm-9pm – (Portsmouth) Central Cooperative Credit Union Hall Tuesday 19 th February 2013, 5pm-9pm – (Marigot) Wills Strathmore Stevens School Tuesday 26 th February 2013, 5pm-9pm – (Grand Bay) Old Fort These consultations seek to identify issues that may need to be considered prior to completing the licence negotiation process with DOMLEC. Come and discuss your concerns at it relates to the issuance …
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 …
