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View Full Version : CAASD rolls back tariff increase



NewsWhore
08-09-2011, 03:10 PM
The Water and Sewer Corporation of Santo Domingo (CAASD) announced that it was revoking the announced increase in the cost of water that would have been about 50% more than it is now. The Listin Diario says that Freddy Perez, the director of the CAASD, made the announcement after receiving a phone call from President Fernandez who explained that this was not the time to increase the water bills in Santo Domingo. The increases had been planned to compensate for just 13% of the water consumers in Santo Domingo paying for their water usage. Perez said that at the present time the CAASD loses RD$13.79 for every cubic meter of water it provided to the city. He also reiterated the fact that some 60% of the water that goes into the local aqueducts is lost or wasted.

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