The National Federation Party (NFP) has voiced strong opposition to the proposed increase in electricity tariffs, arguing that there is no justification for raising costs for residential, commercial, or industrial consumers. They have called on Energy Fiji Limited (EFL) and the Fijian Competition and Consumer Commission to retract the proposal in the interest of the public.
In a statement released today, NFP President Parmod Chand criticized the plan, highlighting that it was introduced without adequate public consultation, leading to significant public backlash. He pointed out that ongoing consultations have lacked transparency, raising further concerns among citizens.
EFL has argued that 99,000 residential consumers would not see a direct impact from the tariff increase. However, the NFP maintains that the proposed hike, averaging around 34 percent for businesses, will ultimately lead to increased prices for goods and services. This, they warn, could exacerbate the cost of living and inflation, impacting daily life for many.
The party cautioned that the proposed rate increase would derail government efforts over the last three budgets aimed at alleviating cost-of-living pressures and encouraging investment. While they acknowledge the importance of investments in the energy sector, Chand emphasized the necessity of balancing these needs with the economic and social impacts on the population.
The NFP advocates for continued dialogue to explore alternative financing solutions that would protect households, businesses, and the broader economy. They are insistent that the proposal to raise electricity tariffs should be withdrawn to safeguard the interests of the community.