GPL still counting ‘huge’ losses – Hinds

Prime Minister Samuel Hinds speaking at yesterday’s Guyana Power and Light (GPL) media engagement 2013 programme.

Customers of the Guyana Power and Light (GPL) will have to continue paying for the “huge” electricity losses plaguing the company, particularly through electricity theft, if it is to stay afloat, according to Prime Minister Samuels Hinds.

“Our generation is okay but our losses are much too huge. There are times when the number was as much as 40% or more,” Hinds told reporters yesterday during a media engagement, where he revealed that the figure now stands at about 31%. “People have complained that they should not pay for losses but the way a company runs, if it is to survive, it has to receive enough money to cover all its costs…