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View Full Version : Energy rate to stay the same



NewsWhore
08-03-2009, 06:30 PM
The Superintendence of Energy has announced that energy prices will stay the same for the month of August, after consecutive hikes during the past two months. Francisco Menendez, head of the Superintendence, said the rate would have increased an extra 5.6%, but the government has made an " economic sacrifice" of RD$420 million, so that prices would not go up.
Despite long blackouts, households and companies utilizing upwards of 400 kWh have experienced major increases in their summer billing, up in some cases almost 100% following the June and July tariff increases. While the government announced increases for 12%, the way the scaled structure of the rate causes billings to almost double.

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