FTC wish

(INTERNET PICTURE)

Tue, October 09, 2012 - 12:10 AM

IF THE Fair Trading Commission (FTC) gets its way, the Barbados Light & Power Company Limited (BL&P) will face penalties to ensure the efficiency of its plant.

And that could translate into reductions in householders’ monthly light bills. The indication is that it could also protect Barbadians from significant spikes in their bills when fuel increases occur.

All this comes out of a consultation paper commissioned by the FTC to review the method of application of the Fuel Clause Adjustment (FCA) administered by the BL&P.

According to an ad in yesterday’s DAILY NATION, the FTC is inviting feedback on the paper from yesterday until November 16. (SP)

Please read the full story in today’s DAILY NATION, or in the eNATION edition.

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Posted by Carl Harper 8 months, 1 week ago: Yet another government agency coming with futuristic plans and promises for the consumer just before elections, as Goverment MPs scramble to save their seats. Who's next?

Where was the FTC over the past four years when Barbadians were crying out from under exorbitant and inflated electricity bills?

In politics there is a saying, make the people believe Government is acting in their best interest while nothing is actually being done and there is no specific time frame when it will happen.

We can see through this feeble attempt at trying to pacify the public at this late stage but it's not gonna work - not this time.