“FTC issues two decisions”

ftclogoo

The Fair Trading Commission (FTC) has approved an updated regime through which other telecommunications companies will pay Cable & Wireless (Barbados) Limited (C&W) to use its network.

At the same time, the public utility regulator issued an amended provision to govern how the Barbados Light & Power Company Limited will be able to recover costs associated with planned battery storage at its Trent’s, St. Lucy solar farm.

Both decisions were announced today.

The decision related to C&W has to do with Draft Reference Interconnection Offer (RIO) 2017, which will now be adopted as the RIO 2019.

The matter involving BL&P was the Motion to Review and Vary the Decision of the Fair Trading Commission on the Application of the BL&P to Recover the Costs of the 5MW Energy Storage Device through the Fuel Clause Adjustment.

Both decisions can be found in full on the FTC website www.ftc.gov.bb under the section Decisions and Orders. (SC)