Job losses cannot be ruled out-Hazelman
These are the sentiments of Nesbit Hazelman, president of the Fiji Employers Federation, following the Commerce Commission's decision to increase Fiji Electricity Authority tariffs for commercial and industrial entities as well as high end consumers.
Hazelman said that it is unfortunate that one of the implications will come with the higher cost of doing business.
He added the federation would have been grateful if consultations were held.
Commercial and industrial tariffs increase by 2.2 cents to 11 cents per unit depending on the consumption rate.
For commercial and industrial entities which consume less than 14,999 kilowatts per month, they will pay 37.47 cents per unit from the previous 28.65 cents per unit while those who use more than 15,000 kilowatts per month will pay 39.47 cents per unit from the previous 27.67 cents per unit.
The commission based its decision after looking through the submissions from the FEA on the cost of generating electricity.
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