Search results for : electricity
Bannister: No safeguards in Electricity bill
Bannister: No safeguards in Electricity bill
FORMER Deputy Prime Minister and Minister of Works Desmond Bannister said the recently tabled Electricity Bill would empower the government to transfer Bahamas Power and Light (BPL) assets to subsidiary companies.
New Electricity Legislation Could Mean New Energy Tariffs
NASSAU, BAHAMAS - We could soon see the first changes in tariff rates for electricity services in over a decade thanks to the electricity bill 2024.
Electricity outages affecting operations at LPIA; no impact on flights anticipated
NASSAU, BAHAMAS- Eyewitness News has been reliably informed that there are electricity challenges at Lynden Pindling International Airport (LPIA) this morning which are allegedly impacting operations at the country's main gateway. Nassau Airport Development (NAD) Company officials have confirmed to EWN that "there are some challenges that they are working to resolve." "LPIA experienced some issue...
OPM confirms no added fees to electricity bills
OPM confirms no added fees to electricity bills
NASSAU, BAHAMAS- The Office of The Prime Minister has confirmed that there will be no new fees added to electricity bills. OPM Acting Press Secretary Keishla Adderley says that a $5 late fee was on the table for consideration; however, due to the current economic climate "the Davis administration did not vote in favor of [...]
12,000 disconnected for not paying their electricity bills
AS many as 12,000 Bahamians have had their power disconnected due to nonpayment, Department of Statistics officials revealed yesterday as they released the results of the latest Labour Force Survey...
Electricity costs rise some 26
Electricity costs rise some 26
Electricity prices in March 2011 were 26 per cent higher year-over-year than in the same month in 2010, the Bahamas Electricity Corporation's (BEC) chairman has told Tribune Business.
Oil prices surged to levels not seen since 2008 this year, rising between February to March 2011 from an average of around $85 a barrel to over $105 a barrel.
In comparison, in March 2010 the average price of a...
Government proposes reforms to electricity regulations, scrapping Rate Reduction Bond Act
Government proposes reforms to electricity regulations, scrapping Rate Reduction Bond Act
NASSAU, BAHAMAS — The government tabled legislation yesterday aimed at overhauling the current Electricity Act, modernizing regulations governing the supply of electricity, and repealing the Electricity Rate Reduction Bond Act, 2019, thus eliminating the requirement for financing through a rate reduction bond. Minister of Energy and Transport, JoBeth Coleby-Davis, tabled the Electricity Bill 202...
BPL CEO: Electricity cost should decline by Nov.
BPL CEO: Electricity cost should decline by Nov.
The cost of electricity should abate by November, if the future outlook for fuel prices remains on a downward trend, and there are no other major shocks that drive costs up, Bahamas Power and Light Chief Executive Officer Shevonn Cambridge said yesterday.
BPL working to restore electricity supply
BPL working to restore electricity supply
Bahamas Power and Light Company Ltd. (BPL) advises its customers that as a result of the passage of Hurricane Irma, a number of areas on our network have been impacted resulting in the disruption of electricity supplies...
URCA to receive BPL report on electricity bills next week
Bahamas Power and Light (BPL) owes the public answers regarding high electricity bills post Hurricane Matthew, and that report is due to the Utilities Regulation and Competition Authority (URCA) imminently, according to the regulator's acting CEO Stephen Bereaux.