Former minister of works Neko Grant has questioned the competency of the BEC management team after a multimillion overtime payout and the lack of implementation of cost-cutting practices.
The Grenada Electricity Services (GRENLEC), which has been privately owned for 18 years, is not reverting to state control.
And these idiots are on the brink of collapse! Perhaps bringing in the foreigners is the only choice as it is quite obvious these here couldn’t organise a one-car funeral.
The Bahamas Hotel Association (BHA) revealed that an energy efficient project is set to be launched whereby several hotels will receive “substantial financial support” to institute key recommendations.
The Bahamas Hotel Association has appealed to reverse a decision by BEC to conduct demand charge readings once annually, resulting in utility cost increases for hotels and businesses with high usage.
The Bahamas Government is absolutely right to want Bahamians to own a larger share of the Bahamas Telecommunications Company (BTC), but their approach is wrong-headed and will cost this country in cash, in economic competitiveness and in reputation.
Grand Bahama Power Company had to lay off 19 Bahamian workers with the opening of the new plant, in an effort to increase efficiency and reduce electricity costs.
Emera, owner of the Grand Bahama Power Company, is being encouraged to buy into the Government’s plan to significantly reduce the cost of electricity on Grand Bahama Island.
A top U.S. Embassy official has warned The Bahamas of likely strings attached to its Venezuela oil deal, and has advised a move toward sustainable energy solutions.