As part of its Regulatory Framework Agreement, the Grand Bahama Power Company (GBPC) filed its first-rate adjustment application since 2015 with the Grand Bahama Port Authority (GBPA). The filing addresses two main topics: the requirement for an increase in base rates to maintain its operations going forward, and a generation plan that would see 15% of the Island’s electricity needs …
Implementation of GBPC’s Storm Recovery and Stabilization charge postponed indefinitely
Following consultation with our regulator, the Grand Bahama Port Authority, Limited (GBPA), Grand Bahama Power Company (GBPC) is temporarily suspending implementation of the Storm Recovery and Stabilization (SRS) charge currently set to become effective April 1, 2020.
COVID-19 GB Power Update
In response to the global pandemic and to safeguard the health and wellness of our employees, contractors and customers, effective Wednesday, March 18, our offices and drive-through window will be closed to customers and visitors. Bill payments may continue to be made online here on the Billing page of our website, and automatic payments will continue as normal. We have …
Storm restoration charge averages one cent per kilowatt-hour for all customers
With the approval of the Grand Bahama Port Authority, Limited (GBPA), the Grand Bahama Power Company (GBPC) will enact the Storm Recovery and Stabilization (SRS) charge effective April 1, 2020. The total cost of Hurricane Dorian restoration, including the costs for those areas in East Grand Bahama that will be restored by May 2020, is $15.6 million. In keeping with …
GBPC invests $3 million on grid resiliency
Grand Bahama Power Company’s (GBPC’s) efforts to strengthen the resiliency of the Island’s electricity grid and improve reliability are delivering results for customers. In 2017, GBPC undertook a comprehensive audit of its transmission and distribution assets and developed a plan to correct identified deficiencies. Over the past two years, the company has invested more than $6 million to strengthen the …
Meter Bypass Remediation Plan
Through the course of our recent audit investigations, it is now understood that many residents and businesses are operating under the belief that they have purchased an ‘energy saving device’ from a local electrical contractor. As Grand Bahama Power Company (GBPC) revealed on March 20th these devices are fake and a ‘smokescreen’ for electricity diversion.
FAKE ‘ENERGY SAVING DEVICES’ and METER BYPASSES
Recent investigations undertaken by Grand Bahama Power Company (GBPC) have revealed several residents and businesses have purchased an alleged “energy saving device” from a local company.
GBPC audit reveals electricity diversion scheme
During a course of recent meter audits earlier this week the Grand Bahama Power Company uncovered a series of suspected electricity diversions (theft) instances at a number of businesses in the Freeport area.
GBPC introduces solar to energy mix
The Grand Bahama Power Company (GBPC) plans to introduce Solar generation technology to its energy mix in 2016.
GBPC committed to stabilizing rates
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.
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