BEC fuel charge rise in a month

Tue, Mar 8th 2011, 10:00 PM

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

Bahamas Electricity Corporation (BEC) customers will "likely" see a rise in the fuel charge component of their bill "in another month's time", given the delayed impact of higher oil prices on its costs, although efforts will be made to mitigate this through the use of higher-efficiency generation units.

Michael Moss, BEC's chairman, yesterday said that a trend of decreasing fuel charges for the last several months will likely turn around soon when the impact of rising oil prices, resulting largely from the unrest in Libya, is seen in BEC's fuel bill.

"The fuel charge for the last several months has been ...

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