The Fiji Electricity Authority is now awaiting Cabinet's decision on whether the proposed fuel surcharge rate for consumers will be approved.
FEA chairman, Nizam Ud-Dean said he can't say anything at this stage as the final decision lies with cabinet.
Dean said he could not comment after the Interim Finance and Energy Minister, Mahendra Chaudhry deferred the Commerce Commission's decision to increase the fuel surcharge rates which would have seen an increase in the electricity rates.
However, Dean confirmed that based on the current fuel price increases, the FEA is making a loss of more than $4.1m a month. He said that is a fact and he can't say what can be done if the fuel surcharge increase is not granted. The Commerce Commission earlier announced that they had granted the FEA an increase in the fuel surcharge rate from 2.83 cents per unit to 5.53 cents per unit effective from this Thursday. However, this was overturned by Chaudhry, who said the final decision must come from Cabinet.
FEA Awaits Cabinet Decision
Related Stories
COMPOL urges Lagalaga Sanatan students to value discipline and education
Students of Lagalaga Sanatan Primary School in Labasa have been reminded of the importance of education, discipline and obedience by the Commissioner of Police Rusiate Tudravu. Tudravu spoke to the students during
Heavy Rain Alert remains for Viti Levu, Southern Bua, Cakaudrove, Lau and Lomaiviti Groups
A Heavy Rain Alert remains in force for the Eastern half of Viti Levu from Serua, Namosi through Navua, Suva, Nausori, Tailevu, Naitasiri, Ra, Southern Bua, Cakaudrove, Taveuni, Kadavu, Lau and Lomaiviti Groups and near
Warning letter written to Prof. Narsey – Acting AG
Acting Attorney General Siromi Turaga says a strong warning letter has been written to Electoral Reform Commissioner Professor Wadan Narsey after he came out publicly with the Electoral Reform Commission report recommen
3 Fijian men from KVT gang in Sydney denied bail for AUD$12.5M drugs case
Three Fijians who are alleged to be associated with a gang supplying drugs in Sydney have been refused bail by the court. 28-year-old Eparama Nevale, 28-year-old William Ravoka, and 24-year-old George Sukanaivalu,
Proposed ‘People First’ submits application for registration
The Proposed ‘People First’ has submitted its application for registration to the Registrar of Political Parties, Ana Mataiciwa. Mataiciwa confirms that the FEO is now preparing to publish the party’s applica
Visitor arrivals on track for record year while sugar output drops
Visitor arrivals have recovered following a decline in the first quarter and based on current trends, Fiji is on track to achieve a third consecutive year of record visitor arrivals in 2025. While speaking on the p