• Submitted by: manso
• Business and Economy
• 11 / 15 / 2010

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2010.11.12 - 12:56:33 / [email protected] / Alberto Zamora Pérez Loreydis. Engineer Ana Fidalgo Carbó, Commercial Director of the Electric Basic Unit in Havana. Photo: Alberto Loreidis. Havana, Cuba . .- Discouraging waste of energy is the main purpose of the new electricity tariff to be implemented in the urban area to consumers with more than 300 kilowatt hours a month.

Engineer Ana Fidalgo Carbó, commercial Director of the Electric Basic Unit in Havana, said the new rates will be put into force on November 16, but the charge for the new price will take effect in January 2011.

The specialist explained that since the last tariff modification which was in  November 22, 2005 to date, the price of oil has risen from 56 to $ 87 a barrel resulting in higher costs of generation electricity, hence the need for ongoing changes.

She went on saying electricity is still subsidized on the island and the new prices only affect about 5.6 percent of Cuban households consuming more than 300 monthly kilowatt-hour.

The official, exemplified the current fixed rate of 1.30 cents for those who consumed 301 to more than five thousand kwh, to be arranged as follows: The consumption from 301 to 350 is set at 1.50 cents per kwh, from 351 to 500 the cost goes to be 1.80 cents per kwh, from 501 thousand to be paid at the rate of two pesos per kwh, the 001 thousand to five thousand is three pesos per kwh, and over 5 000 will be charged 5 pesos per kwh.

Source. Radio Rebelde