Electricity rates come down for homes and business 01 August 2016

 

Electric Power Corporation workers on the powerlines

APIA, SAMOA – WEDNESDAY 27 JULY 2016: Electricity prices per unit will come down as of 01 August 2016 and will remain effective until 30 June 2017.

The revised tariff structure removes the three-tier categories for home consumers using post-paid meters and replaces it with a two-tier category for home consumers on prepaid meters.

Home consumers on postpaid meters will be charged a fixed rate of 36 sene (Usage and Debt Charges) plus 33 sene for Energy Charge for all units used.

The 33 sene Energy Charge for August 2016 will be adjusted bi-monthly for all units used according to EPC General Manager Tologata Tile Leia.

The tariff structure is broken down into three components namely (i) Usage Charge, (ii) Debt Charge and (iii) Energy Charge. Both Usage Charge and Debt Charge are fixed until 30 June 2017 while Energy Charge varies or changes bi-monthly depending on world diesel fuel/oil prices and renewable energy contribution. The energy charge is reviewed bi-monthly and approved by the Office of the Regulator.

Home consumers on prepaid meters will be charged on two categories:

1)  1 to 100 units used will be charged a fixed rate of 22 sene (Usage and Debt Charges) plus 33 sene for

Energy Charge for August and will vary every month,

2)  101 and more units used will be charged a fixed rate of 36 sene (Usage and Debt Charges) plus 33 sene for Energy Charge for August and will vary every month.

Business consumers will be charged by one tier.

Tolagata says EPC says that as a result of the much lower new rates for prepaid meters as compared to postpaid meters, the 2% discount that was applied for prepaid meters and advance payment of bills has now being removed.

According to EPC, the new prices were approved by Cabinet 20 July 2016 the Prime Minister and follows through the Strategy for the Development of Samoa 2012 – 2016, the Energy Sector Plan 2014 -2018, the United Nations Sustainable Development Goal 7 – Ensure Access to Affordable, Reliable, Sustainable and Modern Energy for All and the Government’s manifesto to have significant reduction in electricity rates for both homes and businesses

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