Electricity subsidy in first six months: US$35.5M

Santo Domingo.- In the past 12 years the Dominican government has allocated RD$11.0 billion to the Fund to Stabilize the Electricity Tariff (rate subsidy), of which RD$1.6 billion (US$35.5 million) was on the first six months alone.

The figures come from an Electricity Superintendence report released Wednesday by superintendent Eduardo Quinconces.

It says from 2003 to July 2015 Edenorte has received the most subsidy of the three distributors at RD$ 44.0 billion; followed by Edesur with RD$ 35.7 billion and EdeEste, RD$34.8 billion.