EFL proposes an increase of over 17% in tariff rates
May 18, 2019 12:10 pm
Energy Fiji Limited is proposing an increase in the electricity tariff rates by 17.27 percent.
The Fijian Competition and Consumer Commission are now calling for public submissions on the issue with the deadline less than a month away.
In a statement on their website, the FCCC state that they’ve received a formal submission from EFL and will now invite submissions to assess the justification for any increase.
In addition, the FCCC will undertake a comprehensive review of the electricity tariff rate and want the general public to weigh in on the matter if they choose.
EFL proposes increases between $0.05 to $0.08 per unit across the various categories.
Written submissions on EFL’s proposed tariff increases must reach the FCCC by the 14th of next month.
The FCCC is an independent Fijian statutory authority whose role is to enforce the FCCC Act 2010, promoting competition, fair trading, regulating prices in markets where competition is lessened or limited, and regulating monopolistic market situations including national infrastructure for the benefit of all Fijians.