Long-term cost hikes hurt energy sector; BERC lost neutrality, harming consumers.
Latest government decisions regarding energy are textbook examples of regulatory capture
Due to government interventions, the independent oversight of the Bangladesh Energy Regulatory Commission is being compromised, crippling its ability to ensure transparency in the sector, energy at a reasonable cost, and consumers’ interest protection.
The reason for the amendment given by the government – pointing to subsidies and time-consumption – does not stand scrutiny.
If the government itself fixes the price, will public interest be preserved?
What impacts will the recent electricity price hike bring, in the context of the ongoing inflation?
No justification for raising electricity prices without addressing mismanagement in the sector
Price of liquified petroleum gas (LPG) has increased by Tk 4.25 per kg to Tk 104.26 from previous rate of Tk 100.01 per kg as the Bangladesh Energy Regulatory Commission (BERC) today (November 2, 2022) announced the new value of the petroleum gas for the month of November.
Bangladesh Energy Regulatory Commission (BERC) has backtracked on its recent move to hike the bulk electricity price.
The energy regulator today reduced the retail prices of liquefied petroleum gas (LPG) of private companies by Tk 93 for every 12kg LPG cylinder.
All of the country's five gas distribution companies have demanded gas price hike at consumer level at the latest Bangladesh Energy Regulatory Commission (BERC) public hearing.
Consumer rights groups, energy experts, industrialists, and left-leaning politicians yesterday vehemently opposed the government's plan to raise gas price.
The High Court yesterday questioned the legality of the Bangladesh Energy Commission's move to raise power tariff at wholesale and retail.
Utility companies' proposals to increase power tariff at bulk and retail faced heavy criticism during a hearing at the Bangladesh Energy
Dhaka Electric Supply Company Ltd (Desco) yesterday sought 6.34 percent retail power tariff hike to avoid losses.
Consumer rights groups, industries and politicians yesterday opposed the government's move to hike bulk power tariff for distributors as it would eventually be passed on to end-consumers.
Bangladesh Energy Regulatory Commission (BERC) will hold public hearings in two phases from tomorrow on increasing prices of electricity at bulk and retail levels.
Consumers Association of Bangladesh (CAB) threatens to move the court if the recent price-hike of gas and power is not reconsidered.
Police foil two leftist parties’ attempt to lay siege to the Secretariat, protesting the government’s decision to increase gas and electricity prices.
