Blackouts affect competitiveness
The recent wave of rolling blackouts makes life difficult for citizens, but also places an additional burden on small and medium sized businesses, which are already struggling with high fuel and production costs. In some cases blackouts have caused business overheads to double because they need to buy more fuel to keep their generators going. In Haina businesses are complaining of blackouts of up to 14 hours, mostly during the morning and afternoons, when they are open. Bakers are also feeling the pinch, saying that they have to spend an average of RD$2,000 per day to fuel their generators. According to State-run Electricity Companies vice president Radhames Segura, the energy grid should be back on track this week. Segura said that yesterday the energy deficit was only 35% and but gave no word on when AES, which supplies 20% of national demand, would be back on the grid. But this [...]
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