The price of electricity has increased starting today, 1 November, from $0.799 to $0.8316 per kWh, approved by the Electricity Commission. With the tarriff increase, Tonga Power Ltd. expects to recover $1.6 million over 12 months, to offset losses in fuel costs.
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Results for TPL
Wednesday 13 February 2019
Tonga’s aim to reach 50% of renewable energy by 2020 is on track said Tonga Power Ltd CEO, Seti Chen. “The goal of renewable energy is to reduce our reliance on fossil fuel (diesel),” he told Matangi Tonga, while they have seen growth in demand for power increasing more than they thought it would. He said one of the biggest misconceptions is people thinking their electricity bills will be reduced by 50% once the project is completed. “It’s not 50% off the tariff that will be reduced, it’s actually 50% off the diesel that we are displacing,” said Seti. By Eleanor Gee
Wednesday 30 November 2016
Tonga's Minister for Public Enterprises, Hon. Poasi Tei received a dividend cheque of $4,345,262 pa'anga, presented by the Chairman of the Common Utilities Board of Directors, Carl Sanft on November 29. The Combined Utility Dividend for the year 2016 goes to the Government of Tonga, being the sole shareholder of power, water and waste utilities and the subsidiary companies Tonga Gas Ltd. and Home Gas Ltd.
Friday 1 July 2016
The Electricity Commission has approved the new power tariff of 72.11 seniti/kWh or a 2.12 seniti increase per kWh effective for the power consumption from 1st July 2016. The 2.12 seniti/kWh is an increase in the fuel tariff component for the price of electricity. This is due to the increase in the price of diesel which has gone up by 16 seniti since February 2016 as advised by the Competent Authority.
Friday 16 October 2015
Tonga Power Ltd. (TPL) is taking the next step in the continuing modernization of its network to provide customers a more efficient and reliable electricity supply.