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Santo Domingo.- The power companies grouped in the Dominican Electrical Industry Association (ADIE) yesterday stated its concern with the ballooning debt of the distributors with that sector, which once again surpasses US$500 million to February.
In a statement ADIE said January collections were barely 20 percent of the total invoiced. "We want to alert on this situation since an agreements was reached to regularize the flow of payments on the part of the distributors."
The entity said investments in the generation sector have been affected precisely by the distributors’ high debts, a situation which could improve substantially if the chain of payments is regularized, and in its view lead to investor confidence.
ADIE said its intention is the to promote good practices within the generation sector reason why the will was reaffirmed to spur needed improvements to obtain the entire industry’s technical and financial sustainability and above all, the high losses of the distributors.
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You will never get paid the DR is insolvent and its politicians are corrupt.
You sign an agreement and the government breaks it.
So either take the garbage the government doles out or get out of the energy business because nothing will ever change.
Ignore it if you can, observe it if you have to.
It appears that noone has to, other than suckers like me.
Luz 1400-2000 returns 0130-0700
I run my planta from 2030-2200 so that my batteries are charged enough to get me through the night in case the luz does not return. I do not want to run the planta at night but I have to keep it going because I have a roof top fish farm.
I pay twice for luz. I pay CDEE and I pay for gasoline for my planta.
¿Y No Era Y Que Pa’Lante Que Íbamos?
Haiti will be the excuse of the day for a decade. Why are the roads bad. |We built a new one for Haiti. Why are the hospitals not working? We used all a\our money on the hurt Haitians. Every government shortfall will be because we were helping our neighbor.
Ab\ny one wanting an audit or accountability will be branded as cold hearten Haitian haters.
Until the Dominicans realize that electricity costs money, and the producers/distributors are allowed simple recourse in collecting directly from the consumers, the situation will remain as it is.
This is not rocket science; merely simple economics. Unfortunately the "economics" of outright theft both by the end-user consumer, and more importantly the government agencies involved is the only economic practice understood in DR.
It is a sad thing that a country with such potential will remain a 3rd or 4th world nation for the foreseeable future because of this inherently corrupt philosophy.
Grow up, DR; Join the world. The Spanish have been gone a long time now. The Colonial practices are no longer acceptable, nor an excuse, and it is past time that you accept a little responsibility for yourselves.
You are so right!