Cheaper power coming soon for Barbados

(Barbados Nation) Barbadians longing for cheaper electricity will start getting an ease now that Barbados Light & Power Company Limited (BL&P) has completed its ten megawatt solar farm.

New BL&P managing director Roger Blackman also said further relief would come once the Fair Trading Commission (FTC) approved its plan to introduce fuel hedging. This is a contractual arrangement that would see the electric utility locked into buying some of its fuel for a specific period and at a set price.

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