A day after President Donald Ramotar announc-ed a 10% dip in electricity rates, Chairman of the Guyana Power and Light (GPL) Board, Winston Brassington yesterday stated that the reduction will be reviewed every quarter.
“I want you to recognise that this fuel rebate is premised on the reduction of fuel prices and is likely to be revised and adjusted on a quarterly basis,” Brassington told a press conference at GPL’s head office in Kingston yesterday. Throughout the event, he reiterated that while GPL can afford the 10% reduction, the calculations are based on the current price per barrel of crude oil and GPL’s
