Electricity demand in Fiji is anticipated to rise by around 5% annually, according to Gibson Fatiaki, CEO of Fiji Electricity Limited (EFL). He underscored the critical need for timely investments to accommodate the nation’s increasing energy requirements.
Recent adjustments to electricity tariffs, set to take effect from January 1, 2026, aim to facilitate this investment. Fatiaki emphasized that without proactive measures, delays in new electricity connections could ensue, creating uncertainty for businesses and potentially hindering economic growth.
A stable tariff framework is vital for reliable investment planning, timely supply expansion, and maintaining confidence among households, businesses, and investors, as stated by Fatiaki. He pointed out that the future of Fiji’s energy landscape hinges on a collaborative effort that aligns with the Government’s National Energy Policy, involving customers, regulators, government entities, development partners, and EFL.
The intention behind the recent tariff increase is to strike a balance between affordability and sustainability, ensuring vulnerable households are protected while also bolstering economic growth. Fatiaki remarked that electricity is fundamental to daily life in Fiji, powering homes and businesses, supporting healthcare facilities, educational institutions, industries, and the broader economy.
The decision-making process regarding electricity pricing is approached with great diligence, prioritizing fairness, transparency, and the long-term interests of the nation. This careful consideration aims to foster a clean, reliable energy system that will serve Fiji well into the future.