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Energy Fiji Limited (EFL) is planning a $2 billion investment in renewable energy projects, including hydropower, solar generation, battery storage, and transmission infrastructure, to mitigate risks from global fuel price volatility. EFL CEO Fatiaki Gibson noted that electricity demand in Fiji is projected to grow by 5% annually, and timely investment is crucial to avoid delays in new connections and support economic growth.

The proposed tariff adjustments aim to balance affordability and sustainability, ensuring that over half of households will not see increases in their electricity bills. Current electricity prices have not changed since 2019, despite rising operational costs.

EFL's goal is to achieve a 90% renewable energy share by 2035. The recent consultations have focused on affordability and reliability, with the intention of protecting low-usage households while investing in a cleaner energy future.