Gonzales: T&TEC rates must be reviewed
FILE PHOTO: The TTEC service centre on Broadway, Port of Spain. - SUREASH CHOLAI
Minister of Public Utilities Marvin Gonzales says there is a need to review the electricity rates as government looks at ways to ease the dependence of the TT Electricity Commission (T&TEC) on the government and pay off itsdebt to the National Gas Company (NGC).
Gonzales made the announcement during his contribution on a motion to adopt the report of the Standing Finance Committee in Parliament on Wednesday. He reported that $108 million of his ministry s allocation will be directed to paying loans taken by T&TEC.
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