Home News IRC reaches new agreement on Domlec’s depreciation rate

IRC reaches new agreement on Domlec’s depreciation rate

The Independent Regulatory Commission and DOMLEC have reached an agreement on DOMLEC’s depreciation rate. This depreciation study consultation is a crucial part of our ongoing review of electricity rates.

We are pleased to inform you that the agreed-upon method of calculating DOMLEC’s depreciation rate has been thoroughly examined and found to meet international standards, per the expert opinion of Edona Jno Baptiste, the Communications Specialist of the Independent Regulatory Commission.

Voice of – Communications Specialist of the Independent Regulatory Commission IRC Edona Jno Baptiste

The IRC encourages stakeholder’s feedback on its consultative document DOMLEC’s depreciation study.