Maximum rates for electricity distribution established

The Authority for Consumers and Markets (ACM) has established the maximum rates for the distribution of electricity in the Caribbean Netherlands that come into force on July 1^st, 2019.

Saba

For Saba the variable usage rate drops from 0.3516  of USD/kWh to 0.3278  USD/kWh. For the consumption of an average household on Saba, this means a decrease of USD 6.00 per month.

St. Eustatius

For St. Eustatius, the variable usage rate increases from 0,2965 USD/kWh to 0.3047 USD/kWh. For the consumption of an average household on St. Eustatius, this means an increase of USD 2.00 per month.

Bonaire

For Bonaire, the variable usage rate drops from 0.2693 USD/kWh to 0.2672 USD/kWh. The Pagabon (prepaid) maximum rate descends from 0.4765 USD/kWh to 0.4744 USD/kWh. For the consumption of an average household on Bonaire, this means a decrease of USD 0.50 per month.

Distribution rates adjusted twice a year

The ACM determines maximum rates for the production and distribution of electricity in the Caribbean Netherlands. For the distribution of electricity, ACM adjusts the rates twice a year, so that they can take account of the development of prices for the fuel needed to produce electricity.

RCN