The Grand Bahama Power Company (GBPC) plans to introduce Solar generation technology to its energy mix in 2016.
The Grand Bahama Power Company remains committed to stabilizing rates for customers, improving the reliability of our service, and lessening our dependence on fossil fuels.
Grand Bahama Power Company files submission with its Regulator, Grand Bahama Port Authority, pursuant to Regulatory Framework.
The Grand Bahama Power Company (GBPC), in consultation with their regulators, the Grand Bahama Port Authority (GBPA) has announced the development of an Economic Development Rate (EDR). The goals of the EDR are to attract new investment and encourage expansion of existing industrial and commercial business in Grand Bahama.
On November 16, 2011, Grand Bahama Power Company (GBPC) received a complaint in writing from Troy Garvey and Osman Johnson on behalf of Operation Justice Bahamas related to the operations of GBPC. In their complaint, they raised a number of concerns. These concerns have been shared not only with us, but with a number of public bodies. In this response, we have tried to address the concerns raised, and provide a detailed response for Messrs. Garvey and Johnson, and for our customers. This more detailed response follows an initial statement issued by GBPC immediately following the receipt of the complaint.
Sarah MacDonald, President & CEO of Grand Bahama Power Company (GBPC), discussed plans to develop a fuel hedging policy at the ICD Utilities AGM last evening. According to MacDonald, fuel hedging can be used to either partially or fully “lock in” the price of the fuel supply which will help stabilize the fuel surcharge for GBPC customers. This will mean GBPC’s fuel purchases will be based on an average of prices over time instead of one price in a given month.
Local Ministers and Grand Bahama Port Authority Executives attended the Grand Bahama Power Company ground breaking for the newly named West Sunrise plant. The Hon. Neko C. Grant, Minister of Public Works and Transport, addressed guests at the ceremony and expressed his excitement about the ensuing economic opportunities due to the large investment.
Work is underway on the Grand Bahama Power Company’s new 80 million dollar plant thanks to the efficient work of Waugh Construction, a local contractor in Grand Bahama. GBPC announced a few weeks ago their contractual agreement with Burmeister & Wain Scandinavian Contractor (BWSC) and MAN Diesel & Turbo (MAN) to construct GBPC’s new 52 MW HFO diesel plant, on 6 acres of land adjacent to the current Steam Plant.
Providing stable and efficient power to their customers is one of the most important jobs for Grand Bahama Power Company, but safety of their customers is crucial. Grand Bahama Power Company has recently begun an islandwide check of all electric meters on Grand Bahama.