The Fijian Competition and Consumer Commission says it is in the final stages of assessing Energy Fiji Limited’s proposed interim fuel surcharge adjustment, with a decision expected to be announced soon.
In a statement, the FCCC confirmed it had substantially completed its assessment and regulatory deliberations on the proposed surcharge increase submitted by EFL.
EFL has proposed an interim fuel surcharge adjustment of about 11 cents per kilowatt hour, citing rising fuel-related electricity generation costs caused by volatility in international fuel markets and broader geopolitical developments affecting global energy supply chains.
As part of the review process, the FCCC said it undertook targeted consultations with key Government stakeholders, consumer advocacy groups and private sector representatives.
The Commission said discussions included the Consumer Council of Fiji, Fiji Council of Social Services and the Fiji Commerce and Employers Federation, among other relevant stakeholders.
The consultations focused on the possible impact the proposed surcharge could have on households, businesses and the wider economy.
“While not all stakeholders made formal submissions, FCCC has carefully considered all concerns and feedback raised throughout the consultation process,” the statement said.
The Commission said its assessment process aimed to balance consumer affordability, business costs and the need to maintain the sustainability and reliability of EFL’s operations and electricity supply services.
“FCCC has now substantially completed its assessment and is in the final stages of its regulatory deliberations. A final determination on the matter will be announced soon,” the statement noted.
The Commission also stressed that its decision-making process remained evidence-based, transparent and guided by the broader public interest.
