Close Gallery
The Senate during the vote yesterday. Photo elnuevodiario.com.do
Zoom Picture

SANTO DOMINGO.- The Senate yesterday created a bicameral commission to carry out a comprehensive revision of the contracts with the generating companies, to obtain costs similar to that of other countries and dispense with the world’s most expensive electricity.

"It’s unfair that private electrical energy generators have additional profits above the normal, of over 150 million dollars," says one of the motivations behind the initiative.

It says that according with the information provided by Radhamés Segura, vice-president of the State-owned power companies (CDEEE), there have been irregularities that provide additional profits of more than US$150 million in the contracts signed with the generating companies.

It also says the Dominican political class has been an accomplice to this type of business that bolster the powerful and jeopardizes the needy.

Share / Recommend this article: FacebookFacebook Digg thisDigg this del.icio.usdel.icio.us TechnoratiTechnorati YahooYahoo Facebook
COMMENTS
43 comment(s)
Written by: ArsenioALembertJr, 20 Aug 2008 7:21 AM
From: United States, (on Sabbatical)
Best news I've heard yet. For the sub-standard, sub-saharan, haphazard service they provide they deserve half of what they get per kilowatt. 150 million Peso, no US Dollars additional profit? for what? MoM and Pop, fly by night, whimsical selective power? Give all the people a break. With over 25 percent unemployment.....Yet, what do they provide..? On and off service....Like clockwork....Start with the cut, then look for an immediate solution!
Written by: gouletcolonial This user is banned, 20 Aug 2008 7:49 AM
From: Cuba, it is a secret the censors are looking for me
they have to make penalties for power theft sufficient to be a deterent ...for example the death penalty ie. the electric chair in public....this would end power theft...Then and only then should they have to give back the 150 million
Written by: texasshoe, 20 Aug 2008 7:50 AM
From: United States, Richmond, Texas
If I read the article right they are state owned? If that is the case why can they not pay all of their expenses (fuel, maintenance, payroll, etc.) and make a 10-12% profit like most other businesses do.
Written by: gouletcolonial This user is banned, 20 Aug 2008 8:03 AM
From: Cuba, it is a secret the censors are looking for me
the photo is of when a man entered the chamber with an envelope with cash in it and yelled " Who does this belong to "
Written by: texasshoe, 20 Aug 2008 8:12 AM
From: United States, Richmond, Texas
Outages dont just happen in the DR. Here is a article from Venezuela from todays paper.


http://www.eltiempo.com.ve/noticias/default.asp?id=160970

Written by: Belial, 20 Aug 2008 8:16 AM
From: United States, Texas
"If I read the article right they are state owned?"

0000

It depends on what you mean by "they."

If by "they" you mean generators, the you did not read the article right.

AES is the largest generator in the DR and it's not state owned. AES is owned by the US imperialists. Other generators in the DR are also owned by foreign imperialists. The state has a small presence in the generating segment of the energy sector.

The state in more involved in transmission and distribution.

The private sector is a bunch of thieves, especially when it's infested with foreign imperialists.

The normal rate of profit is about 5% at the top end; the DT article says the greedy private generators are taking in another $150 million above the 5%. The result is abnormally high light bills for the consumer.

Passing the the buck, the greedy generators blame the state for the price gouching of the co-called "efficient" and "modern" imperialists.

The state should take over the sector.
Written by: gouletcolonial This user is banned, 20 Aug 2008 8:19 AM
From: Cuba, it is a secret the censors are looking for me
like nutty hugo in Venezuela that will pay huge dividends for the country as it slowly collapses around him..... Tex tell the moron about power in hugoland
Written by: texasshoe, 20 Aug 2008 8:29 AM
From: United States, Richmond, Texas
All he has to do is read the article from El Tiempo from this morning.

BTW GC, we should start a caption contest, mine is:

Out of view the Bani General asks; Show of hand for everyone who has sold their cocaine
Written by: ArsenioALembertJr, 20 Aug 2008 8:31 AM
From: United States, (on Sabbatical)
Article reads: the world’s most expensive electricity..........the Dominican political class has been an accomplice to this type of business that bolster the powerful and jeopardizes the needy.

Is this just particular to Domincan Republic? Or, is it the same all over the world: Corruption, and lust for more.....As far as the most expensive service in the world, it's probably because there are too many hands in the soup.....To much overhead....This problem has existed for decades...for those recently enamored by Quisqueya's allure! Is a generational, inherited, deeply entrenched problem...Since the 1960's when there was a concerted effort to electrify every nook and cranny of the national territory; There's been a deficit of power....More demand than supply. But, the inept administrators have yet to devise a solution to the ongoing issue. What a way to run a power company? And the citizens are powerless in more ways than one. They pay, an they (the CEO's) play!
Written by: gouletcolonial This user is banned, 20 Aug 2008 8:35 AM
From: Cuba, it is a secret the censors are looking for me
so whats new?.......................I like lets all put captions on the above photo and have a contest
Written by: gouletcolonial This user is banned, 20 Aug 2008 8:37 AM
From: Cuba, it is a secret the censors are looking for me
All those who did not get a new SUV this year raise your hand
Written by: Belial, 20 Aug 2008 9:08 AM
From: United States, Texas
After the DR privatizes large sectors of the electricity industry, the light bills rises to the highest in the world and the outages grow more frequent and longer.

"The private sector is more 'efficient" and "modern," the reactionary and pro-imperialist rats argue.
Written by: texasshoe, 20 Aug 2008 9:08 AM
From: United States, Richmond, Texas
"who is going to the big bash in Barhona this weekend"
Written by: Belial, 20 Aug 2008 9:12 AM
From: United States, Texas
In socialist Cuba, consumers pay almost nothing for lights and blackouts are now very rare.

In much of capitalist Latin Amercia -- Colombia, DR, Honduras, Guatemala, etc., the bourgeois press, by contrast, talks about "long, rolling blackouts."

What's a "rolling blackout?"

How does a blackout "roll?"
Written by: gouletcolonial This user is banned, 20 Aug 2008 9:27 AM
From: Cuba, it is a secret the censors are looking for me
if you were on a hill looking down you would get it .....Cuba it just sounds to wonderful to be true Belial because it is not true ....we know you are paid to do this so you can identify with the hookers on the Havana Malecon
Written by: dreadlocks, 20 Aug 2008 10:43 AM
From: United States
one of the aspects of Dominican culture which fascinates me is the penchant for understatement
take the sentence which attributes the mysterious additional profits to " irregularities". in some countries , it would be called graft, corruption, inefficiency, bungling, thievery, or something similar. here, we say it is "irregular".
Written by: texasshoe, 20 Aug 2008 11:02 AM
From: United States, Richmond, Texas
It is considered irregular by the current panel, because they are not participating in the irregularities.
Written by: texasshoe, 20 Aug 2008 11:03 AM
From: United States, Richmond, Texas
New photo Caption;

"Who wants a share of our excess irregularities"
Written by: dreadlocks, 20 Aug 2008 11:07 AM
From: United States
that being the case, texasshoe, we can expect them to regularise matters with the greatest of haste. far be it from them to allow some other schmucks to be driving a 2009 S500 Benz, when they have to be making do with last year's relic!
Written by: gouletcolonial This user is banned, 20 Aug 2008 11:13 AM
From: Cuba, it is a secret the censors are looking for me
Dread we are waiting for your caption
Written by: juanb, 20 Aug 2008 11:16 AM
From: Dominican Republic
Caption contest entry:

Every one please raise your left hand
Written by: gouletcolonial This user is banned, 20 Aug 2008 11:18 AM
From: Cuba, it is a secret the censors are looking for me
No no your other left hand
Written by: texasshoe, 20 Aug 2008 11:23 AM
From: United States, Richmond, Texas
New photo caption:


"Who wants to go hang out with goulet and get hammered"
Written by: texasshoe, 20 Aug 2008 11:29 AM
From: United States, Richmond, Texas
And yet another one;

"How many here think Belial is an idiot"
Written by: texasshoe, 20 Aug 2008 11:30 AM
From: United States, Richmond, Texas
Una mas y ya, por la hora;

"hay alguin aqui que sabes donde esta mi amante"
Written by: gouletcolonial This user is banned, 20 Aug 2008 11:40 AM
From: Cuba, it is a secret the censors are looking for me
its unanimous for goulet and belial.....Motion passed
Written by: gouletcolonial This user is banned, 20 Aug 2008 11:45 AM
From: Cuba, it is a secret the censors are looking for me
Aw come on dread dig deep down and give us one
Written by: dreadlocks, 20 Aug 2008 11:50 AM
From: United States
texasshoe asks" who wants to hang out with goulet and get hammered"? i say " who wants to get hammered, then hang out with goulet"?
Written by: texasshoe, 20 Aug 2008 11:54 AM
From: United States, Richmond, Texas
Being a knucklehead every once and a while helps you live life to its fullest, along with taking all of your medications, getting enough rest..........
Written by: gouletcolonial This user is banned, 20 Aug 2008 11:58 AM
From: Cuba, it is a secret the censors are looking for me
" those of you who have not picked up your Christmas basket from the Bani constituents raise your hand "
Written by: texasshoe, 20 Aug 2008 12:01 PM
From: United States, Richmond, Texas


" With a show of hands its now official, we now fly first class"
Written by: texasshoe, 20 Aug 2008 12:02 PM
From: United States, Richmond, Texas
Juanb,

Come on give us another one.
Written by: texasshoe, 20 Aug 2008 12:13 PM
From: United States, Richmond, Texas


"ALL of you saw me with the hooker last night"
Written by: gouletcolonial This user is banned, 20 Aug 2008 12:14 PM
From: Cuba, it is a secret the censors are looking for me
that was no hooker that was his wife
Written by: anthonyC, 20 Aug 2008 12:33 PM
From: United States
Written by: Belial, 20 Aug 2008 9:08 AM
From: United States, Texas
After the DR privatizes large sectors of the electricity industry, the light bills rises to the highest in the world and the outages grow more frequent and longer."

The power industry is in no way, shape or form Private.

Written by: anthonyC, 20 Aug 2008 12:35 PM
From: United States
"Written by: Belial, 20 Aug 2008 9:12 AM
From: United States, Texas
In socialist Cuba, consumers pay almost nothing for lights and blackouts are now very rare."

Blackouts have increased in that "worker's Paradise" you call Cuba. It just hasn't been reported by the free press there.

Oh Wait. Silly me. There is no Free Press in Cuba!
Written by: juanb, 20 Aug 2008 12:36 PM
From: Dominican Republic
How many of you were singing "The wheels of the bus go round and round" during today's reading of proposed legislation?
Written by: texasshoe, 20 Aug 2008 12:40 PM
From: United States, Richmond, Texas
Good one Juanb
Written by: texasshoe, 20 Aug 2008 12:44 PM
From: United States, Richmond, Texas
TonyC,

Sure its free, they print what they are told and you are free to believe it or not.
Written by: texasshoe, 20 Aug 2008 12:50 PM
From: United States, Richmond, Texas
Photo caption;

"Next time I won't ask who wants another round"
Written by: Nemo69, 20 Aug 2008 4:15 PM
From: Dominican Republic, Santo Domingo
Caption:

"Who needs some more Bonogas cards?"
Written by: redwing, 20 Aug 2008 9:08 PM
From: Canada
who wants to be in charge of tendering the new electricity licences?
Written by: TexasBill, 22 Aug 2008 12:50 PM
From: United States, Killeen, TX - Home of the 1st Cavalry
What gall hell outa me is that the distributors buy much of their electricity from the "SPOT MARKET" at a n elevated price.
If there isa deficit of electrical production, how the hell is there electricity available on the "SPOT MARKET"?
Just another GREATA BIG LIE by the government about what is, or is not available.

TB
Post Your Comment | Not a member? Create your account | Lost your password?
Write your opinion here. Please keep your comment relevant to this article. Please note that any comments which contain offensive language or discriminatory expressions may be edited/removed.
You must log in to post a comment:
Username Password