2014News

Edesur: Existing power capacity costs too much!

Edesur general manager Ruben Montas says that the power suppliers are telling half- truths when they claim there is sufficient installed capacity to fully supply the country’s energy demands. Edesur is one of the three power distribution companies that source power from the generators.

Montas said that energy whose cost the population cannot afford is almost as if it did not exist, as reported in the Listin Diario.

He said if the power suppliers would offer power at US$0.14 all the supply would be purchased. However, he says it is impossible to purchase power sold at US$0.30 and US$0.40 to then sell it to consumers at US$0.20.

Montas encouraged all sectors to take part in the preparation of the Electricity Pact. He criticized the way that proposals are being made prior to the signing of the pact. He said the biggest challenge is to make everyone realize that the electricity issue is a problem for all the country, because economic growth will not be possible without more electricity.

Montas said that they are now collecting 98.1% of power served, up from 65.1% at the start of the Medina administration. He said that losses have been reduced to 29%.

http://www.listindiario.com/economia-and-negocios/2014/8/13/333599/Generadores-dicen-verdad-a-medias