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Government proposes imperative to readjust electricity rates

World 1 source 1 country 🔦 Under-reported 39m ago

The Dominican government has stated that a short-term adjustment to electricity tariffs is necessary to address the ongoing financial deficit of the country's three electricity distribution companies (EDEs). Officials argue that current rates do not reflect the actual costs of providing service, necessitating a return to the tariff adjustment process to improve the sector's fiscal sustainability.

This move is presented as a critical measure to stabilize the distribution companies, which have faced persistent economic challenges. By aligning consumer prices with real operational costs, the government aims to mitigate the deficit and ensure the continued viability of the national electricity service.

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Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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