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Santiago.-  Economy minister Temístocles Montas affirmed yesterday that the Government will not eliminate the subsidy provided in the electrical bill for now.

The official noted however that the Government has designed a plan to improve billing and the operation of the distributors, aimed at preventing the power system’s collapse.

“The Government cannot disassemble the subsidy to the electrical sector yet, because if we disassemble the subsidy the system collapses," the official said when asked about International Monetary Fund’s (IMF) concern on the power grid and the subsidies.

According to Electricity Superintendence figures the subsidy to the bill currently absorbs around RD$225.25 million monthly.

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COMMENTS
7 comment(s)
Written by: gmiller261, 21 Sep 2009 8:22 AM
From: United States

Oh and we will not prosecute Segura even though he should go to jail because He and LF are sleeping together.

What a country.
Written by: juanb, 21 Sep 2009 8:44 AM
From: Dominican Republic
Simple concept:

Make them pay for what they use.
Written by: BASTA, 21 Sep 2009 9:40 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
Make them pay for what they use.= At what cost. To keep 7,880 useless employees. I guess with that logic we could lower the unemployment rate and hire 9,000 more.
Written by: josean, 21 Sep 2009 11:44 AM
From: United States
Oh, we are not going to take away the $25,000,000 dollar a year to the “new, modern and efficient METRO” either, even if it is under performing by a 180,000 passengers a day!
Written by: josean, 21 Sep 2009 12:52 PM
From: United States
Even if we go broke! What has Lieo-nel Fernandez and the PLD been donig for the last 5 years apparently ZERO, NADA, ZILCH in a the are of electrical services!

Blackouts announced for whole country

The executive vice-president of the State-owned Electricity Companies (CDEEE), Celso Marranzini, has announced a series of scheduled blackouts. He said by programming them, the blackouts would be fairer and more evenly distributed nationwide.
He said blackouts will continue because there is just not enough money to pay the generators, which are thus supplying 80% of demand. Marranzini acknowledged that some sectors are suffering 18 and 20-hour blackouts. He said the high level of debts at the CDEEE could take at least five years to be cleared.
The official asked National Police chief Guillermo Rafael Guzman Fermin, to "prevent rambunctious people from causing problems with strikes, picketing, or marches in the barrios when we announce blackouts in specific places."

Continued:
Written by: josean, 21 Sep 2009 12:53 PM
From: United States
He said that the blackouts would be announced in newspapers ads.
Marranzini also said that the CDEEE needed US$350 million to finish the year without having to increase the electricity rates, including US$60 million for the monthly subsidy on electricity bills. He said that there is close to a billion dollars (US$1,000,000,000) in debts, and these cannot be paid in a month or in a year, and for this he asked for patience, since an IMF agreement or a bond emission would help solve the problem. Finally, he called for a 10-year strategy, which he said did not exist.
The Dominican Association of the Electricity Industry says the country needs to invest US$3.5 billion to meet demand for power into the next decade. Marco de la Rosa, president of the organization, has expressed his support for the new authorities at the CDEEE.

Source DR1
Written by: SASDomRep, 21 Sep 2009 6:10 PM
From: Dominican Republic
Make everyone pay the correct rate for what they use. In areas where they have finally installed meters, the Dominicans are only paying 300-400 pesos per month. The expats are continuing to support those that either dont pay or pay ridiculous amounts like that. Dont tell me well they are poor and dont use what we use, because thats rubbish. I am one of the biggest providers/supporters for poor people but like me now, many expats have money problems, but we still have to pay our bills. We and others like us, now dont use the security lights at night. We have No TV or ac and keep only 2 small lights on in the house at night and the fridge and our bill is still double in the past 2 months to what it was, nearly RD8000 per month. Where the heck is all our money going to?
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