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December light bill won’t rise as blackouts sour holidays

Santo Domingo.- The light bill will not increase in December, while the government subsidy will be RD$1.9 billion for that sector, the Electricity Superintendence announced Thursday.

The announcement comes while blackouts as long as 12 hours sour the start of the yearend holiday season in Dominican Republic.

“The cumulative subsidy on this area for the January- December 2012 period will be RD$21.0 billion,” the regulatory agency said in a press release.

It said the behavior of the variables that determine the indexed cost of electricity, Fuel Oil No. 6 declined from US$100.9 to $96.1 per barrel, a 4.7 percent decrease, while natural gas climbed from US$2.84 MMBTU to US$2.86 MMBTU.

The resolution adds that coal stood at US$ 88.65 the ton, while the monthly average exchange rate rose from RD$39.47 to RD$39.93 per dollar.

Source: DT

Category: DR News |

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Last updated October 24, 2016 at 6:05 PM
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