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Fuel, electricity, and water rates up

Local | By Correspondent October 28, 2021

WILLEMSTAD - From Tuesday, November 2, the rate of gasoline, diesel, and propane gans on Curaçao will increase. The rate for water and electricity will also increase as of November 1. Bureau Telecommunication and Post (BT&P) reports this in a monthly press release.

The current rate per liter of gasoline is 2.27 guilders. The price at the gas stations rises to more than 2.28 guilders, a difference of just over one cent per liter. The rate for diesel will increase by about ten cents per liter to 1.80 guilders.

Since September 2021, there have been substantial increases in international oil and fuel prices. This is leading to sharply rising energy prices worldwide. Also, in Curaçao, the end-user tariffs for Mogas 95, Gasolie LSD and LPG are increasing mainly due to the high purchase prices.

 

In addition, electricity and water rates are also rising. For example, as of November 1, users pay 63 cents per KiloWatt. The new rate for a cubic meter of water is 8.7 guilders. According to BT&P, the increase in tariffs is due to higher fuel prices for electricity production. At the same time, higher electricity costs for the production of water are responsible for the tariff increase per cubic meter of water.

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