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Electricity tariff to increase by 11% in December
posted on: Dec 1 2010 6:55 by The Reporter. Viewed 685 times.
The electricity rate will see an increase of 11 percent in December, according to the Dominican Electricity Superintendent.
A document issued by them indicates that this measure is to be taken according to Resolution No. 265-10, which establishes the variables that determine electricity rates such as the cost of fuels, specifically oil, which has increased by 6.5% percent
Natural gas costs declined from US$ 4,314 to US$ 3,887, and coal remained at US$ 71.65. While the monthly average exchange rate increased from RD $ 37.29 to RD $ 37.30 pesos per dollar.
It was explained that as a result of the above variations, the electricity tariff indexed for December showed an increase of 2.73% percent compared to November, and to decrease the gap between indexed and applied rates, which for November was 25.10%, they were obliged to increase the basic cost of electricity supplied.
Automatic and remote measurement for 86,000 customers
The executive vice president of the Dominican Corporation of State Electrical Companies (CDEEE), Celso Marranzini, announced Tuesday the 'Income Recovery Project Using Automatic Measurement Systems' (PRISMA), which seeks to increase billing and collection by measuring electricity consumption remotely for 86,165 commercial, industrial and residential clients.
He reported that the plan, whose investment is estimated at US$ 9.2 million aims to improve the monthly billing of 352.4 gigawatts of energy, representing approximately 35% of the electricity purchased by distribution companies, and detect fraud situations.
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