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NewsWhore
11-12-2009, 06:00 PM
Businesses belonging to the Retailers Federation (Fenacodep) are warning that they are on the verge of bankruptcy because they cannot bear the burden of the additional cost of running alternative power sources. Rene Japa, president of the retailers for the National District complained bitterly about their exorbitant energy costs. He complained that as well as the already very high cost of electricity they have to operate very costly back-up power sources as a result of the prolonged blackouts. The blackouts are caused by the government's debt with the power generators. Fenacodep say that their members' sales are down an estimated 25%.

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