Hinds signals increased electricity rates

Samuel Hinds

Prime Minister Sam Hinds has warned that consumers may soon have to pay more for their electricity supply as government, under the strain of rising fuel prices, sees the need to recoup some of the investments made in the Guyana Power and Light Company (GPL) to reduce technical and commercial losses.

Hinds made this disclosure during the debate on financial papers in the National Assembly last week Thurs-day, while explaining how government spent $1.533 billion for the provision