Fuel price certainty extended to end-2023 Will be slightly higher than first hedgin
By NEIL HARTNELL
nhartnell@tribunemedia.net
Bahamas Power & Light s (BPL) chairman yesterday said it has extended fuel cost certainty for all consumers until end-2023 to help ease the extra charge that will be added to their bills in the New Year.
Dr Donovan Moxey told Tribune Business the state-owned utility had extended its fuel hedging strategy by a further 23 months through to the beginning of 2024 to help mitigate the impact from the National Utility Investment Charge (NUIC) that all customers will first see on their light bills in early 2021.