The Barbados Renewable Energy Association (BREA) has dismissed suggestions that the island’s national energy policy could turn out to be another “Ponzi scheme” if some changes are not made.Responding to the charge levelled by the Barbados Association of Professional Engineers (BAPE), president of BREA Khalid Grant took issue with the contention that the current feed-in-tariff (FIT) arrangement for solar energy was unsustainable and likely to negatively impact Barbados Light & Power (BL&P) revenues as more people are added.In a statement issued last Friday, BAPE president Colonel Trevor Browne warned that as more people are added to the FIT arrangement, “the only source of the utility’s income will then be those who are left without photovoltaic systems”
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