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 …
IRC To Conduct Technical Audit of Domlec
Following a spate of nationwide blackouts in September 2009, the Independent Regulatory Commission (IRC) publicly pledged to investigate the events with a view towards identifying the root causes and proposing solutions. The Commission has since issued an Administrative Order to the electricity company that it must supply the necessary data and assistance to the IRC in order for the audit to be performed. The audit began on February 1, 2010. The technical audit will look at the entire scope of DOMLEC’s generating sets, transmission and distribution system and assets. Working with the company, the IRC intends to help identify flaws …
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