The government has defended its decision to postpone the implementation of new electricity tariffs, prioritizing the public’s best interests. Minister for Finance, Commerce and Business Development, Esrom Immanuel, explained that the delay allows for a more meticulous examination of the proposed tariffs, aiming to ensure they are fair, transparent, and supported by solid evidence.
Immanuel noted that this additional time would enable a comprehensive technical review and broader engagement with the community, helping to assess the tariffs’ potential impacts on households and businesses nationwide. He emphasized the importance of the Fijian Competition and Consumer Commission’s (FCCC) independence in this process, reinforcing the government’s commitment to transparency and public trust.
In response to concerns of political interference, Immanuel assured that Cabinet members were adequately informed and that this decision was part of a well-considered strategy rather than a reaction to immediate pressures. He urged against undermining vital institutions for political gain and reaffirmed the FCCC’s autonomy.
Addressing long-term energy challenges, Immanuel acknowledged the complexities arising from the sale of 44 percent of Energy Fiji Limited shares. He reiterated the government’s dedication to keeping energy affordable while expanding renewable energy capacity and securing necessary energy resources.
The Minister encouraged the Opposition and other stakeholders to participate in the forthcoming consultations and provide evidence-based feedback, emphasizing that fostering public trust, transparency, and consumer protection are essential aspects of the government’s approach.
The FCCC had previously announced the anticipated tariff increases on December 19, projecting an average rise of 4.5 percent for residential customers consuming between 101 and over 300 kilowatt-hours, and an average increase of about 34.7 percent for commercial customers across various usage tiers. These adjustments are part of Energy Fiji Limited’s ambitious $1.57 billion investment plan over the next four years. A 21-day public consultation regarding these tariff increases is set to begin tomorrow, marking a vital step in the process.