The National Federation Party (NFP) has firmly opposed a proposed increase in electricity tariffs, stating that there is no legitimate reason to impose higher costs on residential, commercial, or industrial consumers. In a statement made today, NFP President Parmod Chand expressed concern over the lack of public consultation regarding the tariff hike, claiming that this has resulted in significant public backlash and that current consultations lack transparency.
Energy Fiji Limited (EFL) has asserted that approximately 99,000 residential consumers will be unaffected by the proposed changes. However, the NFP argues that the proposed price increase of around 34 percent for businesses will ultimately lead to higher prices for goods and services, exacerbating the already rising costs of living and contributing to inflation.
Furthermore, the party cautions that this proposal could undermine the government’s recent efforts across three budgets aimed at alleviating cost-of-living pressures and enhancing investment opportunities. While acknowledging the necessity for investment in the energy sector, Chand emphasized the importance of balancing these needs against their economic and social ramifications. He called for ongoing discussions to explore alternative financing solutions that would not burden consumers.
The NFP has reiterated its call for the withdrawal of the electricity tariff hike proposal to safeguard households, businesses, and the overall economy, highlighting the need for a collaborative approach to address energy demands while considering the financial well-being of the populace.
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