The Fijian Competition and Consumer Commission has decided to delay the implementation of the new electricity tariff rates until July 31st.
The new rates were to come into effect from today, however, FCCC says at a time when many households and businesses are already managing costs arising from the geopolitical tensions, they recognise that any increase in utility expenses places additional pressure on everyday Fijians.
They says they deliberated on the implementation of the electricity tariff authorization, taking into account the ongoing escalating geopolitical tensions and the global fuel price volatility resulting in the application for fuel surcharge by Energy Fiji Limited.
The FCCC says the current electricity tariff structure pursuant to the Authorization dated 1st October 2019 remains unchanged during this period.
They say this deferment follows ongoing consultations and the need for further assessment of the proposed 11 cents fuel surcharge submission by EFL, alongside broader economic considerations and the potential impact on households, businesses, and the energy sector across Fiji.
The FCCC says this decision reflects FCCC’s unwavering commitment to protecting the interests of Fijian consumers while ensuring fairness, transparency, and accountability in regulated pricing.
The Commission says that as an independent regulator, FCCC exercises its mandate, guided solely by evidence, due process, and the long-term wellbeing of the Fijian people.
The FCCC says they consider this extension necessary to ensure a balanced and well-informed outcome.
The Commission says they will continue to keep the public informed and assures all Fijians that their voices remain central to their decision-making processes.
Before the deferment, households using 0 to 100 units per month were to see no change in electricity rates, while those using 101 to 300 units were to see an increase from 34.01 cents per kWh to 35.03 cents per kWh.
