Gonzales: No doubling or tripling of T&TEC rates
Minister of Public Utilities Marvin Gonzales. -
MINISTER of Public Utilities Marvin Gonzales has denied any impending removal of the subsidy on the cost of natural gas sold to T&TEC.
Replying to an urgent question by Couva South MP Rudranath Indarsingh in the House of Representatives on Friday, Gonzales said, The question from my friend from Couva South apparently emanates from the deep dark recesses of UNC conspiracy theories, obviously meant to provoke the national psyche.
“The simple answer to this question is no.
Indarsingh, in a supplemental question, asked if electricity rates will soon be doubled or tripled.
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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.