January 19, 2019 Leave a comment
(SABA) In accordance with the Electricity and Drinking Water BES Law, the Authority for Consumers and Markets (ACM) has set the maximum tariffs for Saba Electric Company (SEC) for 2019. These new tariffs went into effect as per January 1, 2019.
he new variable distribution tariff is 0.3516 USD/kWh (see Annex 1), which is less than last year’s tariff at 0.3617 USD/kWh.
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) has made available a subsidy for 2019 to assist in making the costs of electricity more affordable for the people of Saba. Customers will benefit from even lower fixed distribution fees this year, resulting from a subsidy that was received late last year from EZK. The subsidy was meant to be an addition to the 2018 subsidy, but as it arrived only at the end of the year it will be applied this year in addition to the 2019 subsidy. This added benefit (subsidy) is therefore a one-year extra, which will not be repeated in 2020.