CARICOM of­fe­ring on­li­ne help to un­der­stand elec­tri­ci­ty bills

Times of Suriname - - ENGELS -

From the bu­si­ness exe­cu­ti­ve to the man on the street, all will get the chan­ce to ma­ke sen­se of their elec­tri­ci­ty bill to­day, thanks to the se­cond in a se­ries of we­bi­nar being ho­sted by the CARICOM Se­cre­ta­ri­at.

The we­bi­nar — tit­led ‘Ener­gy Pri­cing: My Elec­tri­ci­ty Cost’-— and put on in col­la­bo­ra­ti­on with Pa­nos Ca­rib­bean and New Ener­gy Events — is being or­ga­ni­zed as part of CARICOM Ener­gy Month ce­le­bra­ti­ons, un­der the the­me ‘Sustai­na­ble Ener­gy for Sustai­na­ble De­vel­op­ment’. Ac­cor­ding to CARICOM, elec­tri­ci­ty pri­ces ge­ner­al­ly re­flect the costs to build, fi­nan­ce, main­tain, and ope­ra­te po­wer plants and the elec­tri­ci­ty grid. CARICOM said that the­re are se­ve­r­al key fac­tors that in­flu­en­ce the unit (ki­lo­watt hour) pri­ce of elec­tri­ci­ty, in­clu­ding fu­el ty­pe and cost; po­wer plant ty­pe -in­vest­ment and ope­ra­ting cost; trans­mis­si­on and dis­tri­bu­ti­on sys­tems cost; and govern­ment taxes. CARICOM ex­plai­ned, that elec­tri­ci­ty bills are ty­pi­cally de­ter­mi­ned by three main ele­ments- the quan­ti­ty of elec­tri­ci­ty used; the ta­riff for the elec­tri­ci­ty used, which of­ten­ti­mes va­ry for dif­fe­rent ca­te­go­ries of cus­to­mers; and, in the ma­jo­ri­ty of ca­ses, the fu­el sur­char­ge cost. “The we­bi­nar will fea­tu­re a mix of dis­cus­sants who are in­ter­na­ti­o­nal in­du­stry ex­perts, as well as re­pre­sen­ta­ti­ves from elec­tric uti­li­ty com­pa­nies, re­gu­la­to­ry au­tho­ri­ties, govern­ments and key cus­to­mers groups,” no­t­ed head of the CARCIOM Ener­gy Pro­gram, Dr. De­von Gard­ner.

“Par­ti­ci­pants in this we­bi­nar will learn mo­re about the prin­ci­ples and the com­po­nents that de­ter­mi­ne elec­tri­ci­ty ra­tes within the dif­fe­rent is­lands and ter­ri­to­ries of the Ca­rib­bean,” he pro­mi­sed. “Es­sen­ti­al­ly, the in­for­ma­ti­on will pro­vi­de in­sight on how the mo­ney that is paid for an elec­tri­ci­ty bill is dis­tri­bu­ted among fu­el sup­pliers, uti­li­ty ser­vi­ce pro­vi­ders — such as po­wer ge­ne­ra­tors and grid ope­ra­tors — re­gu­la­to­ry ser­vi­ce pro­vi­ders and govern­ment,” Gard­ner said fur­ther. Ce­le­bra­ti­ons for CARICOM Ener­gy month co­me amidst a chan­ging cli­ma­te, which th­re­a­tens to im­pair is­land eco­no­mies, most of which are bur­de­ned by the high cost of ener­gy that li­mit the eco­no­mic growth so ne­ces­sa­ry for their sustai­na­ble de­vel­op­ment.


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