The energy sector regulator’s decision to drop the planned abolition of electricity subsidies for low-income households may be a big win on the political and social front, but the battle to bring down the cost of power is far from being won.
The Energy Regulatory Commission (ERC) had in January said it would from next month create a new tariff to have uniform charges for domestic customers, eliminating a subsidy that has for long helped to keep power bills for small consumers low.
