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SANTO DOMINGO.- The country has endured an electricity crisis for more than 50 years in a never ending story of government mismanagement and irresponsibility since 1966, and the private sector’s failure to adequately run the distributors after the sector was capitalized.
The power companies are owed more than US$500 million already, with around US$110 million in ballooning invoices generated per month.
At first it was thought that the solution was to capitalize the sector with mixed public and private management, but failure is now in sight as blackouts and debts increase by the day with no end in sight.
Electricity service experts say neither the public nor private sector have solved anything, while 80% of the country’s generating plants are obsolete, and use the market’s most expensive fuels.
They criticize that when the crisis presses, a new plan to improve the sector always appears, but it’s soon forgotten or what’s agreed doesn’t materialize, such as the International Monetary Fund’s complaint regarding last year’s “plan.”
Although the capitalization improved the power plants, taxpayers paid a very high price, with higher bills and more blackouts, while around 1.6 million homes and businesses don’t pay the light bill, a figure in votes the Administration in office doesn’t want to lose.
Under the Spanish company Union Fenosa private management, the sector didn’t advance and left the distributors EdeNorte and EdeSur almost on the brink of bankruptcy, whereas EdeEste returned to government control last year as well.
The private managements’ failure and schemes came at the high price of government subsidies, and didn’t get the more than 1.6 million homes to pay not even a fraction of their bill.
SOURCE: diariolibre.com.do
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The buck stops with LF. He is an empty suit with NO management abilities and NO balls.
A year ago the deficit was $500MM and I said it had to be a Billion USD.
I am sure it is over a Billion and these morons will not admit it.
Here. This is what your stupid president is doing.
"Dominican President unveils plan for Haiti’s recovery"
HOW ! You have to recover YOUR own country first.
How can any moron believe what comes out of this fools mouth?
S.
but failure is now in sight as blackouts and debts increase by the day with no end in
failure is now ¨in sight¨? so what did we have before? success? even though it might be in sight, we will not be able to see it because it will be in the darkness.
This is a systemic problem.
As to the retailers serving customer, first was CDE. Then in succesive terms there were, Union Fenosa in EDENORTE and EDESUR, and AES (yes AES) in EDEESTE, public managers in EDENORTE and EDESUR, private experts recommended by the World Bank in EDENORTE and EDESUR, then public managers in all the EDEs, and now a private CDEEE (Marranzini) mixed with public managers at the EDEs. The system is unsustainable.
To solve the crisis a new sustainable integrated system needs to be enacted, People need a transparent system, in which they are able to choose among private retailers, that need to be responsible for compensating bad service. A disconnection with government budget is key .Such a system is the Electricity Without Price Controls Architecture Framework (EWPC-AF). For more than 200 professional articles, with more than 400,000 views, read the EWPC Blog at http://www.energyblogs.com/ewpc/
From: United States
A bunch of thieves robbing us blind and keeping us in the dark literally. We need private control over the electrical system by a private company. Let them control the payment and electricity issues and we might make it out of the dark ages sometime.
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But is it not half privatized already? so your saying it should be privatized completely? is so which company has the best reputation for that type of management?
I will try to respond it:
What we have is a system that is based on neoliberal capitalism, in which the delivery-retail companies are monopolies that do not compensate bad service and that depend on the country budget to operate. Right now all three delivery-retail companies are under political management.
There are great opportunities to transform our system for the best, enabling retail competition, while leaving a monopoly to deliver electricity. That is another way to say that "To solve the crisis a new sustainable integrated system needs to be enacted, People need a transparent system, in which they are able to choose among private retailers, that need to be responsible for compensating bad service. A disconnection with government budget is key .Such a system is the Electricity Without Price Controls Architecture Framework (EWPC-AF)."
I have written several times of how in our appt complex there are 6 users that get free power. I have been to the local manager every month for over two years requesting bills to pay. He simply smiles sweetly, shrugs his shoulders, and says there is nothing he can do. No wonder they cant pay their suppliers.
In our case, roughly 50% of the power used in our complex, is effectively FREE
There was much talk of prosecuting theft. Has there been a single case?????????