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Government hopes to save millions in electricity costs

Government hopes to save millions in electricity costs

Government is hoping to shave $2 – 3 million off the country’s electricity bill annually with the implementation of its US$24.6 million Public Sector Smart Energy Programme (PSPP). On Friday the Ministry of Energy and the Barbados Light & Power Company (BL&P) paved the way for the programme to go ahead, which will include the […]

Bajans embracing energy efficient solutions

Bajans embracing energy efficient solutions

With oil prices continuing to rise and adversely impacting the cost of fuel-generated electricity, local alternative energy companies are reporting that more Barbadians are seeking energy efficient solutions to reduce their light bills. Some are switching to more modern and fuel-efficient lighting in and around their homes, while others are going all the way and […]

Inniss to look at permanent RER rates

Inniss to look at permanent RER rates

The prayers of businessman Ralph Bizzy Williams and other renewable energy industry players, for the Fair Trading Commission (FTC) to establish a set price for electricity produced from renewable energy sources, could soon be answered. Giving his support for a permanent tariff rate, Minister of Industry Donville Inniss said he would be engaging the FTC […]

Proposed natural gas hike ‘non-negotiable’, warns Stuart

Proposed natural gas hike ‘non-negotiable’, warns Stuart

With the state-run National Petroleum Corporation (NPC) currently projecting a loss of about $4.7 million next year, Prime Minister Freundel Stuart Friday warned ahead of Minister of Finance Chris Sinckler’s much-anticipated Budget presentation later this month that “some kind of rate increase” would be coming to help NPC meet its financial obligations and effectively carry out […]

Oil brush

Oil brush

Prime Minister Freundel Stuart seems to have brushed aside a recommendation by the recently established Fiscal Deficit Committee to sell the Barbados National Oil Company Limited (BNOCL) and the National Petroleum Corporation (NPC). Instead, Government will proceed with the planned merger of the two state-owned entities (SOEs). Opening debate on the National Petroleum Corporation Amendment […]

Sutherland calls for a sustainable energy plan

Sutherland calls for a sustainable energy plan

Member of Parliament for St George South Dwight Sutherland has given the Ministry of Energy a failing grade for its oversight of the renewable energy sector. At the same time, he has called for a clear proposal to be presented by the Freundel Stuart administration on the proposed amalgamation of the National Petroleum Corporation (NPC) […]

Madness!

Madness!

Cooking with natural gas is about to become more expensive for Barbadians, who are being told to expect a price increase.    Minister of Industry and Commerce Donville Inniss Wednesday announced that the Ministry of Finance and the Ministry of Energy were in the final stages of discussions on an increase in natural gas rates, something […]

Change coming

Change coming

Barbados could be in for a revolution of sorts. Minister of Industry, International Business, Commerce & Small Business Development Donville Inniss revealed Tuesday that the island was at “a very advanced stage” in terms of its development of practical renewable energy proposals, while stating that Government’s intention was to fully transform the industrial sector. He was […]

Energy to create wealth

Energy to create wealth

More opportunities are opening up for ordinary Barbadians to make money from generating renewable energy. This is the view of President of the Barbados Renewable Energy Association (BREA) Aidan Rogers. In an interview with Barbados TODAY, he said a decision by the Fair Trading Commission (FTC) earlier this year has created a new window of opportunity […]

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