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 …
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 Quality of Service Standards in Force
DOMLEC has been instructed by the Independent Regulatory Commission (IRC) to adopt and implement the Guaranteed and Overall Quality of Service Standards published in the Commission’s Decision paper on October 10, 2009. An Administrative Order (Document reference: 2009/002/O) was issued to DOMLEC in December 2009 in line with the powers given to the Commission by Section 41 of the 2006 Electricity Supply Act. The Decision was made following months of stakeholder consultation on the proposed regime and various amendments to the original proposal. DOMLEC will report to the IRC on the Guaranteed Standards on a quarterly basis beginning March 2010. …
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 …
Key Stakeholders’ Consultation On Demand Forecast
The Independent Regulatory Commission (IRC) Dominica’s electricity regulator will hold a consultation this week on its most recent Consultative Document “Integrated Resource Plan for Electricity – Demand Forecast”. Key stakeholders in the fields of investment, banking and generation among others have been invited to discuss DOMLECs Forecasting Methodology on Tuesday, June 30, 2009 from 9:00 a.m. at the Public Service Training Centre. Following consultation with the IRC, DOMLEC prepared a draft Integrated Resource Plan which states that it uses a combination of historical data and market research to develop its forecast, gathering data from agencies such as the Physical Planning …
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