The Public Utilities Commission (PUC) has decided not to impose any fines on the Guyana Power and Light Company (GPL) noting that while the company failed to achieve some of its 2021 targets, it did, however, improve in several areas.
The decision was contained in a review of GPL’s operating standards and performance targets for 2021.
“The Commission commends the Company on its achievement of most of its standards for the reporting year 2021. The Commission takes this opportunity to recognize the Company’s continuous strides in the reduction of system losses, which loss poses an enormous financial burden to the company,” the report of the Commission stated.
