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Subsidy to mitigate electricity price is in effect.

August 25, 2022

Subsidy to mitigate electricity price is in effect.
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SABA:--- Consumers on Saba who received their July electricity consumption bills were able to note that even though their bill did go up, the increase was mitigated due to a subsidy provided by the Public Entity Saba.

Consumers in cycle 1, The Bottom and St. John’s, and consumers in cycle 2, Windwardside and Zion’s Hill, recently received their July electricity consumption bill. Thanks to a subsidy of the Public Entity Saba to the Saba Electric Company (SEC), the rate has been set at 0.4502 USD/KWH which is a 10% increase instead of the 26.924% raise that was set by the ...

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To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/41130-subsidy-to-mitigate-electricity-price-is-in-effect.html

Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/41130-subsidy-to-mitigate-electricity-price-is-in-effect.html

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