IRC Moves Closer to Completing Electricity Rate Review
The Independent Regulatory Commission (IRC) is making significant progress toward completing the electricity rate review as it prepares for a final stakeholder consultation. The Commission held its first press conference of 2025 on Wednesday, March 12, providing a status update on the ongoing rate review for Dominica Electricity Services Ltd. (DOMLEC). …
IRC Hosts Public Consultation on WACC for DOMLEC
Stakeholders reached a consensus as responses were provided to the consultation questions during a face-to-face public meeting held by the Independent Regulatory Commission (IRC) regarding DOMLEC’s Weighted Average Cost of Capital (WACC), as part of the ongoing tariff review process. …
NARUC Hosts Peer-to-Peer Forum on Tariff Rate Review
The sessions focused on Regulatory Framework for Tariff Setting and Review; Key Concepts, Definitions, Roles and Responsibilities and Key Considerations; and Public and Stakeholder Engagement Methods. The IRC reported on the status of its tariff review of 2023, providing insight on successes, challenges, and considerations for change. …
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. …
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 …
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