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In a move that will radically alter energy provision and governance in The Bahamas, the Electricity Bill, 2024 and Natural Gas Bill, 2024, tabled in the House of Assembly yesterday

Davis promises televised BPL hearings Philip Brave Davis. A Progressive Liberal Party (PLP) government would hold publicly televised hearings into the affairs at Bahamas Power and Light (BPL), PLP Leader Philip Brave Davis said yesterday.  “There has been one bad decision after another at BPL and it has cost the Bahamian people dearly,” said Davis, who served as former minister of works with responsibility with BPL. “There is no accountability; there is no transparency. “The Rate Re...

nhartnell@tribunemedia.net Energy regulators have renewed their pledge to ensure Bahamas Power & Light (BPL) does not make consumers pay for its "failures" through an opaque, inflated fuel charge on their bills. The Utilities Regulation and Competition Authority (URCA), in its just-released 2021 draft annual plan, nevertheless praised the state-owned utility for introducing a fuel hedging initiative to stabilise the fuel charge and give businesses and households certainty over this component of...

* Fuel price certainty extended to end-2023 * Will be slightly higher than first hedgin By NEIL HARTNELL nhartnell@tribunemedia.net Bahamas Power & Lights (BPL) chairman yesterday said it has extended fuel cost certainty for all consumers until end-2023 to help ease the extra charge that will be added to their bills in the New Year. Dr Donovan Moxey told Tribune Business the state-owned utility had extended its fuel hedging strategy by a further 23 months through to the beginning of 2024 to hel...