SABA:--- The recent announcement by the Netherlands Authority for Consumers and Markets (ACM), concerning another increase in the maximum rates for the distribution of electricity, has understandably raised concerns in the community.
Saba Electric Company N.V. (SEC) and its shareholder the Public Entity Saba (OLS) met on Monday, June 28. Both acknowledge the economic burden being experienced by the general population and empathize with the community. It was agreed upon during the meeting that both parties would explore solutions, both short- and long-term, to further reduce SEC’s cost and address the increases in the cost-based tariffs which are calculated ...
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