Outages have not led to increase in generator sales

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August 13, 2019

 

FREQUENT power cuts in New Providence have not sparked an uptick in generator sales, according to one supplier of generators.

Nor have the power cuts led to an increase in requests to the government to import solar panel systems. While solar systems need the approval of the government to be imported duty-free, the panels are automatically duty-free. Inverters for solar panels are also duty-free and generators can be imported at a duty rate of five percent.

However, despite these concessions, there hasn’t been a spike in requests to bring in solar systems, according to Finance Minister K Peter Turnquest.

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News date : 08/13/2019    Category : Business, Public Works/Infrastructure, Tribune Stories

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