IRC Appoints Consultant for Electricity Rate Review
The Independent Regulatory Commission (IRC) has appointed a consultant through the Agence Française de Développement (AFD), to boost its capacity during its review process of the Electricity Tariff/Rate. …
Statement by IRC on DOMLEC’s Capacity Management Programme
Recently, the Dominica Electricity Services Company Ltd (DOMLEC) implemented a series of load shedding schedules in response to limitations in its current capacity. …
IRC Seeks to Address Removal of Unsafe Utility Poles
The Independent Regulatory Commission (IRC) has sought to address the removal of unsafe utility poles owned by the Dominica Electricity Services (DOMLEC) Limited. DOMLEC has Pole Sharing Agreements with both telecommunication providers, which allow the electricity provider to lease its pole for a specific period to enable FLOW and Digicel to deliver their services to customers. …
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% …
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