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The Fair Trading Commission (FTC) is wrong on multiple aspects of its decision on the Barbados Light & Power Company Limited’s (BL&P) application for a rate increase. That is what BL&P’s attorney, Ramon Alleyne KC, submitted this morning at the Lloyd Erskine Sandiford Centre as the company argued its case for the FTC to review and vary its February 15 decision on the matter. Among the areas Alleyne argued that … ....
Barbadians will have to continue paying higher interim electricity rates until further notice. This is because the Fair Trading Commission (FTC) has granted Barbados Light & Power Company Limited (BL& P) a stay on some key aspects of its February 15, 2023 rate application ruling as it reviews the utility company’s motion to review and vary the decision. “The commission in rendering its decision has determined that Paragraphs 400, 401, … ....