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Energy Minister rules out electricity rate adjustment

World 1 source 1 country 🔦 Under-reported 32m ago

Minister of Energy and Mines Joel Santos stated that the Dominican government is not currently pursuing an adjustment to electricity tariffs. This announcement comes despite the inclusion of such a measure in the recommendations of the National Multi-annual Public Sector Plan for 2025-2028.

The recommendation for a tariff adjustment was proposed as a strategy to address the financial deficit of the country's three electricity distribution companies. Proponents of the measure argue that aligning tariffs with the actual costs of service is necessary to gradually eliminate cross-subsidies within the sector.

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