The Fair Trading Commission (FTC) has denied a Barbados Light & Power Co. Ltd (BL&P) proposal which would have assured the utility company of a higher financial return on investments in its electricity generation plant. In a March 25 decision on BL&P’s Application For A Review Of Depreciation Rates And Approval Of The Depreciation Policy, the regulator approved three of four areas requested, including the value of the transmission and …
BL&P rate hike application is priority, says FTC
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BREA welcomes new board of directors - Barbados Today
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Barbados Light & Power Company (BL&P) says it should not be solely blamed for the estimated 200 poles which fell during the passage of Hurricane Elsa last week.
As it continues to repair damage to the electrical power grid following Elsa, which has left thousands without electricity for a week and counting, BL&P is raising concerns about the practices of telecommunication companies.
Yesterday, its regulatory administrator Kim Griffith-Tang How said the untidy wiring of some telecoms companies had been providing a challenge.
“We have observed that there are some untidy telecommunication lines on our poles and this is no secret. This is very concerning to us and it is something that I believe, after reflecting over the last few days, that we really need to revisit and engage the telecom providers on the infrastructure on our poles and how this impacts our poles and our ability to provide the service to our customers,” said Griffith-Tang How.
Force majeure exempts BL&P but some rebates still possible
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