DESPITE being on high alert as a result of low rainfall and water level at the Monasavu Dam, the FEA maintains the country's first hydropower scheme has lived up to expectations.
And as the FEA prepares to commemorate 30 years of the scheme's existence, authority CEO Hasmukh Patel said it had played a huge role keeping electricity prices low.
"Monasavu has done 30 years and in 30 years there were only two years when we anticipated problems with rain, so two out of 30 is not too bad, therefore Monasavu has really delivered," Mr Patel said.
He said Monasavu supplied a large amount of renewable energy to supply demand in Fiji and helped keep the fuel prices low, thereby aiding in development.
"We expect around 400million units every year from Monasavu.
"Now, if you take those 400 million units and replace them with diesel generation, it will cost us an arm and a leg and you can imagine what the cost of electricity will be."