Grand Bahama Power Company filed rate adjustment with Regulator

Cleopatra RussellCompany News, Company Statements, Customer Service, Rates

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 …