Published On: Fri, Nov 27th, 2015

Tariffs for electricity and water December 2015

AqualectraWILLEMSTAD - The Bureau Telecommunication & Post (to be referred to hereinafter as: the Bureau) by means of this press release gives further information on the background of the recently adapted tariffs for water and electricity as per 1 December 2015, as resolved by the Council of Ministers. This tariff adjustment concerns the monthly adaptation of the so-called fuel clause. This is monthly adapted due to the changing prices in oil products, as well as the fluctuating scope of wind- and solar energy. The prices are based on forecasts for the coming month in combination with final calculations of the preceding month.

Adaptation of the tariffs for electricity and water The fuel clause for electricity increases as per 1 December by almost half a cent per kWh. This means that the electricity tariff for all tariff groups increases by almost half a cent per kWh. Thus the household tariff up to 250 kWh increases from NAF. 0, 4974 per kWh to NAF.0.5017 per kWh, and the business tariff increases from NAF.0.6071 per kWh to NAF.0.6114 per kWh.

The fuel clause for water slightly increases as per 1 December with approximately three quarters of a cent per m 3. This implies that the water tariff for all tariff-groups increases. Thus the household tariff up to 9 m3, increases from NAF.7.4755 per m3 to NAF.7.4829 per m3, and the business tariff changes from NAF.12.9955 per m3 to NAF.13.0029 per m3.

Explanation new tariffs The change in the price of electricity in December is primarily the result of a positive correction for the month of October. During the month of October more use of production units that are based on more expensive fuels was made for the production of electricity than had been foreseen for said month, which resulted in a less favorable production mix.

With regard to water the slight price increase was mainly caused by the positive correction of electricity for the month of October, since the production of water is based on the use of electricity.

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