President of the Dominica Manufacturers Association (DMA), Jean-Yves Bonaire, has told DNO that the association will fully support any action taken by the government to reduce the cost of electricity.
According to him, the high price of electricity is having a major effect on the manufacturing sector in Dominica.
“It will be very difficult right now for the sector to grow with such high prices in electricity,” he said. “We the manufacturers are in strong support of any initiative that can bring down the cost of electricity on island.”
Speaking on Kairi’s Heng Program prime minister, Roosevelt Skerrit, said that the country has not been able to take advantage of manufacturing to the extent that it would like to because of the exorbitant cost of electricity.
“It is uncompetitive, every one of us who pay light bills in Dominica will know that we are spending too much for electricity,” he said. “The question therefore is how do we confront this high electricity bill in Dominica?”
According to the prime minister, since the cost of fuel is high, the price of electricity will automatically be high.
He believes geothermal is the best way forward.
“The price of a barrel of fuel now on the market is USD$110 a barrel, so we are importing these prices in Dominica,” Skerrit said. “The question therefore is, what is the alternative to fossil fuel that we import? How do we go about relieving the pain and the suffering of the private sector and other consumers? All the studies have shown that Dominica’s escape is through geothermal.”
Bonaire agrees with the prime minister’s position.
According to him geothermal will be one of the best methods of obtaining cheaper electricity in Dominica.
“Generating electricity from petroleum products is something that nobody can control at our level,” he said. “The price of petroleum products depends on factors that are beyond our control, so we should as much as possible stay away from electricity generated that way. The geothermal is certainly one of the best opportunities to achieve a reduction in the cost of electricity.”