electricity tariffs

Electricity prices in Luganville expected to increase by 6.14%.

On 6 January of 2018, VUI lodge a tariff application with the Authority requesting an increase in the contemporary tariffs. The premise of increase stems from the significant decline in hydro performance in 2016 due to the El Nino effect resulting great reliance on diesel generation to meet customer demand during that year. Consequently, VUI was yet to be made whole for the considerable fuel cost it has to meet throughout 2016.

Pacific electricity costs under scrutiny

Pacific island countries have some of the highest electricity costs in the world, making power beyond the reach of many.

This is mainly due to high electricity tariffs, the high cost of service connections and the cost of wiring premises.

RNZI reports the conference will explore regulatory reforms, technology and innovative financing to make electricity more affordable.

Dame Meg Taylor who leads the Pacific Islands Forum Secretariat, stressed the vulnerability of the region's countries to global oil price fluctuations.