EFL tells why it seeks an increase

Political party leaders have attacked EFL for its proposed increase in tariff rates. Picture: FILE

ENERGY Fiji Limited says it is asking for a 17.27 per cent tariff increase to keep the commercial statutory organisation abreast with inflation and to reflect the true electricity cost for Fiji.

EFL is also asking for a review of electricity tariffs every four years.

In its submission to the Fijian Competition and Consumer Commission, EFL said a regular review of the electricity tariff and robust regulatory regime was also essential if Fiji was to attract private investment into the electricity generation sector.

More details on this story in today’s edition of The Fiji Times.

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