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The Barbados Light & Power Company has welcomed the decision of the Fair Trading Commission (FTC) to exclude certain company information from the public’s eye during the pending rate hearingOn Friday, the FTC handed down its decision and order, approving a request by the electric company to have certain sensitive information held in confidence.“The Barbados Light and Power Company acknowledges the Fair Trading Commission’s decision and we are pleased with its determination that commercially-sensitive information within the rate application continues to be kept confidential,” the utility firm told Barbados TODAY on Wednesday.“The company requested confidentiality on a few items in its System Expansion Plan, which related either to the security of the national grid or to the cost of renewable energy and battery projects that will be subject to competitive procurement and not included in the rate application,” the power distributor revealed.
The Barbados Light and Power Company (BLPC) will be able to exclude information it deems confidential or unnecessary to determining if consumers should pay more for electricity, in its upcoming rate hearing before the Fair Trading Commission (FTC).That decision of the FTC, published on Friday, follows a confidentiality hearing involving the BL&P and its legal counsel and representatives from the Barbados Renewable Energy Association (BREA), the Energy Division and the Business Development Division of the Ministry of Energy held on June 29.The five-member Commission led by Deputy FTC Chairman Dr Donley Carrington and including Dr John Griffith, Ruan Martinez, Samuel Wallerson and Dr Simon Naitram, deemed that withholding the information would not disadvantage the public or the intervenors who have opposed the BLPC’s request for a rate increase.