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GBPA considers sanctioning GB Power Company rate hike

THE Grand Bahama Port Authority (GBPA) has completed its initial review of the Grand Bahama Power Company’s (GBPC) controversial rate proposal and will consider sanctioning the increase despite the ongoing debate surrounding its regulatory authority.

GB Power ‘out the woods’ on outages by next week

Grand Bahama Power Company’s top executive last night voiced optimism it will be “out of the woods” by next week as he revealed: “We’re trying to thread the needle between reliability and affordability.”

Transport wants URCA to stop GBPC rate rise

THE Ministry of Energy and Transport wants the Utilities Regulation and Competition Authority (URCA) to use its powers under the Electricity Act to stop the Grand Bahama Power Company’s proposed electricity base rate increase.

GB Power on Electricity Bill: ‘We read about it in papers’

Grand Bahama’s electricity provider yesterday revealed it was never consulted on key energy reforms passed by the House of Assembly last week and had to learn about them “in the papers”.

GB Power solar rates '30% below Caribbean'

Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.

GB Power secures ‘best solar rate in Caribbean’

Grand Bahama Power Company believes it has obtained “the best rate in the Caribbean” with its first solar energy deal with an independent provider, its top executive has revealed.

GB Power ‘clawing way back’ in 25% profit rise

Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.

Residents react to rise in Grand Bahama Power fuel rate

THE announcement of a rate hike by the Grand Bahama Power Company was received with mixed reactions by some residents on the island.

Grand Bahama Power ‘very advanced’ on 20MW solar installation

Grand Bahama Power Company is “at a very advanced stage” in formalising four separate projects that will collectively provide 20 Mega Watts (MW) of solar generation capacity for the island’s grid.

Grand Bahama electricity costs 40% below rest of Bahamas

Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).

Union frustration with alleged wrongful dismissals at GBPC

THE Commonwealth Electrical Workers Union has voiced frustration over the alleged wrongful dismissals of workers at the Grand Bahama Power Company.

Gov’t intervention call at GB Power

The Government was yesterday urged to intervene over several labour-related grievances involving Grand Bahama Power Company after a trade union leader threatened to seek a “further course of redress”.

Parties united in concern over Grand Bahama power rates

FREE National Movement leader Michael Pintard says an increase in electricity rates on Grand Bahama is inconsiderate and worrisome and would only hamper efforts to strengthen the island’s economy.

Parties united against GBPC rate rise

DESPITE regulatory approval for a rate increase in the cost of electricity in Grand Bahama, the government and the official opposition do not believe it is a good time as the island’s economy is still struggling to recover.

GB Power rate hike approval sparks ‘new regulator’ charge

Renewed calls were made last night for an independent regulator to take over supervision of all Freeport utilities after Grand Bahama Power Company’s base tariff hike was partially approved.

GB Power promises $50m network spend

Grand Bahama Power Company yesterday pledged to invest $50m over the next five years to maintain its network infrastructure, and admitted: “No one wants to see rates increase.”

GB Power in 25-year east, west extension

Grand Bahama Power Company yesterday confirmed its East and West End electricity supply agreements have been extended for a further 25 years - a revelation not met with universal acclaim.

Consumers stunned by GB Power’s $15m Dorian move

Grand Bahama residents and businesses were yesterday stunned to learn that the island’s monopoly electricity provider has now moved to recover $15.6m in Dorian restoration costs from them.

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