The coordinator of the Organización Latinoamericana de Energía (OLADE) said, when interviewed by the Dominican press prior to the formal opening of the IV Conference on Energy in Latin America that Dominicans can forget about lower power bills following the privatization of the state electricity utility. Hector J. Ferro said that the process could mean lower costs of power supplied to major industrial consumers, nevertheless. On the positive side he said there will be an increase in profitability of power suppliers, which should bring an increase in the offer of power. He said that the government needs to intervene to avoid significant increases in billings of consumers.
