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Wednesday, April 29, 2015

The Latest From Price Control Venezuela: Widespread Blackouts

http://www.bbc.com/news/world-latin-america-32506572

The initiative is part of a nationwide electricity rationing plan.
Vice-President Jorge Arreaza said there had been a surge in energy demand due to extremely hot weather. He said state employees would now work from 07:30-13:00 to save on air conditioning.
On Monday, local media reported blackouts across the country.
Mr Arreaza said private companies would be asked to use their own generators to reduce pressure on the national grid.
But he said it was private homeowners who consumed the most energy, and he called for everyone to turn the dial down on their air conditioners.

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