The Grand Bahama Port Authority’s (GBPA) Regulatory Committee held an urgent meeting yesterday, September 30, 2024, with executives of the Grand Bahama Power Company (GBPC) to discuss current electricity service challenges and resulting impact to utility customers across the Island.
“During yesterday’s meeting with Grand Bahama Power, we stressed the critical importance of restoring reliable electricity service to Grand Bahama’s residents and businesses,” said GBPA President Ian Rolle. “These interruptions in service take a tremendous toll on the Island’s economy and our quality of life, and service reliability must be reestablished as soon as possible. As such, we have directed GBPC to immediately develop and implement a plan to alleviate ongoing power disruptions.”
Additionally, GBPA advises Island residents that it has suspended review of GBPC’s proposed rate plan, submitted on August 1, 2024, covering the period of 2025 to 2027, and its public consultation efforts until a period of electricity service reliability has been established.
“GBPA will suspend any review of the rate plan until GBPC demonstrates significant improvement in power reliability,” added GBPA’s Regulatory Chair Sarah St. George. GBPA remains committed to transparency and public participation in the rate process and will reopen public consultation and encourage feedback from residents at an appropriate time.
GBPA’s Regulatory Committee will continue to monitor electricity service reliability and work with GBPC to ensure stable, dependable power supply for the Island.
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