SOLOMON Power has announced a drop in electricity charges effective on Wednesday, 1st January 2025.
In a statement issued this morning, Thursday 2nd January Solomon Power said, “In accordance with the Solomon Islands Government’s Policy to reduce Tariff by 25% over a three-year period, Solomon Power is pleased to inform its valued customers that effective from 1st of January 2025 the Electricity Tariff has been reduced by 8.3%.”
The statement said, the Solomon Islands Government’s Policy in tariff reduction is very much consistent with Solomon Power’s constant strive to make the tariff affordable to users and electricity accessible to as many people as possible throughout the country.
“The 8.3% reduction in 2025 is factored through the Non-Fuel Charge of the Electricity Tariff.
“The Fuel Charge component of Electricity Tariff will not be impacted as it is a pass through cost that is directly linked to the fluctuations of international fuel market,” the statement said.
Solomon Power said it is continuing with its plans to remove reliance on imported fuel through its Renewable Energy Strategy, which includes;
Converting its existing provincial outstations from 100% diesel generations (DG) to Solar Hybrids (Solar/Battery/DG)
Ensuring all new provincial locations will be Solar Hybrid Systems
Implementing the Renewable Energy Roadmap in Honiara, which includes additional Solar farms, as well as Component 3 of the Tina River Hydro Project (Transmission Line from Tina Hydro to Lungga Power House).
Solomon Power added it will continue to manage and operate the business in a professional and responsible manner, complying with all the statutory and legal requirements, without compromising safety for our customers and staff.
“The Board, Management and Staff of Solomon Power wish to thank the Solomon Islands Government, Provincial Governments, Development Partners, Business Houses and all its Customers throughout the country for your continuous support as it strives to meet its vision of Energising Our Nation.
“Wishing you all a Happy and Prosperous New Year 2025,” the statement.
As of Wednesday, some of the customers have noticed that with a purchase of $100 they managed to get more than 17 units for their cash power.
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