FTC decision on electricity rates tomorrow

Barbadians will find out tomorrow whether or not they will have to pay increased rates for electricity, and if so by how much.

The Fair Trading Commission is hosting a press conference tomorrow at its Good Hope, Green Hill, St. Michael headquarters where the decision will be announced on the Barbados Light & Power Company Limited’s application for a review of electricity rates.

The Commission wrapped up public hearings on the application by the power company a few months ago, following submissions by attorneys and officials from the company as well as a number of intervenors.

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