IRC boasts of keeping DOMLEC efficient

The Independent Regulatory Commission (IRC) here says it has during its four years of existence been able to ensure that electricity company DOMLEC (Dominica Electricity Services) provides a more stable and reliable supply of electricity.

Executive Officer Lance McCaskey told reporters on Thursday that through the efforts of the IRC, troublesome blackouts that had consumers complaining bitterly in the past have been reduced drastically.

Endorsing that position, Commission Chairman Eluid Williams said the IRC’s engagement with DOMLEC had resulted in “greater efficiency on the part of DOMLEC, fewer blackouts, and greater accountability”.

The IRC chairman also suggested that increased profits being obtained by the electricity company today could be attributed to the Commission’s efforts to ensure that DOMLEC was working towards greater efficiency.

DOMLEC has disclosed that it made after tax profits of $7.75 million in 2011.

The commission says however that DOMLEC has been reluctant to engage with the IRC in negotiations for a new license, and the Commission has had to amend its license regime in a bid to get the electricity company to the table for those license talks.

It says the amended license regime makes it clear that DOMLEC has a specific timeframe to submit a new license application – it must do so within 42 months of expiry of its current license, which expires in 2015.

DOMLEC currently has a monopoly in the supply of electrical energy to the country.

But IRC officials say the company is aware that that monopoly is being regulated by the Commission which is committed to acting in a transparent manner to ensure the highest quality of electricity is supplied to customers at fair and reasonable prices, while also maintaining financial viability of electric utilities.

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8 Comments

  1. shut up
    May 4, 2012

    DOMLEC DOES IT BECAUSE THE IRC ALLOWS IT, ALL THOSE GROUPS ARE JUST FRONTING, LOOK THEY TALKING ABOUT THE RISE IN OIL OVER THE WORLD MARKET PURE RUBBISH TALK, THEY REALISE GEO COMING SO THEY START FROM NOW, MY LIGHT BILL CAME FROM $160.00 IN FEBRUARY TO $210.00 IN MARCH, THAT’S A $50.00 HIKE WHO IS GOING TO LOOK INTO THAT NOBODY! JUST FOR IRC TO COME TO TALK BULL TO 2 REPORTERS YESTERDAY AND THEY CALL IT A PRESS COMFRENCE, PURE RUBBisH IN THIS COUNTRY.

  2. tect nee cal lity
    May 3, 2012

    I ECHO Caressa: WHO CARING FOR ME:CHECK OUT HIS SONG, IT SATS IT ALL.PAPPYMET;

    • tect nee cal lity
      May 3, 2012

      error it says it all.

  3. May
    May 3, 2012

    Yeah, the IRC must be getting their quart from all that profit. You mean 7 million plus from such a small population come on man!!!!!

  4. Fairplay
    May 3, 2012

    Government needs to takeover Domlec!!! :?:

  5. May 3, 2012

    where are these guys from Timbuctoo. You mean the lights do not go off in their homes

  6. Seriously!!!!
    May 3, 2012

    Cable and Wireless had a monopoly in Dominica we could hardly make an international call…now you can’t get us off the phones…..
    DOMLEC soon you turn will come!!!!!!

  7. May 3, 2012

    DOMLEC IS EFFICIENT ONLY RUBBING THE POOR DOMINICANS AND MAKING THEM GET POORER….BOYCOT DOMLEC…

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