Subsidy of FEA rates to assist low end consumers
The major change for assistance for household customers and lifeline customers is that previously FEA used to subsidize the rates of all customers who used 130 units of electricity or less.
These lifeline customers used to pay 17.2 cents are unit while 17 cents was paid by the FEA.
This resulted in FEA providing the service at a loss.
Now FEA will not provide the subsidy as the government will pay FEA the market rate for all customers who use 75 units or less.
This would mean that the lifeline bill payers will still pay 17.2 cents a unit but the remaining 17 cents will be paid by the government.
The change is that those who use more than 75 units will now pay rates of 34 cents a unit.
Commerce Minister, Aiyaz Sayed-Khaiyum said the lifeline in terms of subsidizing electricity rates now set is still higher than the international benchmark.
On the commercial rate, for those below 15 thousand kilowatt per month and currently paying a rate of 37 cents, will see an increase to 39 cents on the 1st of November and 41 cents per unit from the 1st of April.
For those using more than 15 thousand kilowatts per month, they will pay 41 cents per unit in November and 43 cents from the 1st of April.
For the maximum demand side, the increase ranges from 6.9 cents to 12.1 cents per unit.
Story by: Vijay Narayan
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