Economy October 29, 2021 | 7:56 am

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Dominicans get a higher light bill as of Mon.

Santo Domingo.- The cost of the electricity service provided by the distribution companies (EDE) will increase in price from next Monday, November 1, when the gradual dismantling of the bill subsidy begins, which will be carried out every three months, until December of 2026, and that in the last two months of 2021 will cause an average rise in the rate of 1.4% per kilowatt hour.

With this first clearing, the rate for residential customers will rise, on average, between RD$47.71 and RD$53.89 (US$1.0), which will depend on the range of energy consumption in kilowatt hours.

The measure to dismantle the subsidy, established in the Electricity Pact, signed last February by the business, political and government sectors, seeks to bring the current rate to the level that reflects the real cost of the service, with gradual increases to be determined by the Superintendence of Electricity (SIE) each quarter.

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Paul Tierney
October 29, 2021 8:29 am

The increase is a slap in the face of the consuming public. The public should not have to pay for the previous corrupted mismanagement of the electricity sector that has harmed its growth. When the country reaches the level of uninterrupted 24/7 power distribution then an increase could be considered.

Luis Is Worst President.
October 29, 2021 9:22 am

Do you guys still think Luis is the best president? He’s just stealing using new methods. I’m sure his kickbacks are getting bigger by the day.

randy cain
October 29, 2021 1:13 pm

what proof do you have. what do you base this statement on. your wrong. i do not agree with the increase but i do not agree with your statement.