Home News DOMLEC reports profits of 1.99 MILLION dollars for the financial year

DOMLEC reports profits of 1.99 MILLION dollars for the financial year

The Dominica Electricity Services LTD, DOMLEC, is reporting profits of 1.99 MILLION dollars for the financial year.

General manager of DOMLEC, Dwayne Cenac, says growth in sales and the performance of renewable energy were the main factors which accounted for a profit for the company.

General Manager of DOMLEC, Dwayne Cenac

He says geothermal energy will have a major impact on the cost of electricity for consumers.

General manager of DOMLEC , Dwayne Cenac