| Fortis fuel factor increases slightly on December bills |
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| Wednesday, 07 December 2011 18:31 | |||
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Electric bills for Turks and Caicos Islands residents will go up because of recent tax increases, but those of FortisTCI Ltd. customers will be nudged a little higher by an increase the fuel factor from $0.2312 to $0.2322 per kilowatt hour. The fuel factor rate, which is determined by the price of diesel oil charged by the company’s fuel supplier, has been on the increase because of the constant rise in world crude oil prices, Fortis said. FortisTCI is encouraging residents to practice good energy conservation, especially during the upcoming Christmas period. “FortisTCI is very focused on lowering the cost of generating electricity,” said Allan Robinson, vice president of Customer and Corporate Services. “We have achieved significant increases in fuel efficiency, which means that every gallon of fuel we don’t have to purchase translates into savings for our customers.” “FortisTCI will also embark on an energy audit exercise in January 2012, which will see our T&D team visiting interested customers who would like to carry out their own energy audit surveys,” Robinson said. “These audits are free and will assist customers in becoming more aware of their electricity consumption and help manage their electricity bills.” For more information on the Fuel Factor Rate and Energy Conservation tip, visit FortisTCI’s website at www.fortistci.com.
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