BARBADIANS LONGING FOR cheaper electricity will start getting an ease now that Barbados Light & Power Company Limited (BL&P) has completed its ten megawatt solar farm.
New BL&P managing director Roger Blackman also said further relief would come once the Fair Trading Commission (FTC) approved its plan to introduce fuel hedging.
This is a contractual arrangement that would see the electric utility locked into buying some of its fuel for a specific period and at a set price.
Speaking during a Let’s Talk session with the media yesterday at the Christie Building, The Garrison, Blackman, who took up his post on July 1, said even though the solar farm at Trents, St Lucy, would be “commissioned within another few days”, it was already generating savings. (SC)
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