The blogmaster continues to follow the story regarding a call to BARP’s membership to attend the AGM- the rule requires 200 members in good financial standing to achieve a quorum.
It begs the question why the Barbados Association of Retired Persons with close to thirty thousand members representing a cross section of the local population has been unable to raise a quorum. One far fetched reason is that the meeting being convened via ZOOM, far fetched because BARP has a significant 50s professional membership. BARP has rescheduled the meeting for December 06, 2021 via ZOOM in difference to the prevailing COVID 19 condition.
A key agenda item to be discussed at BARP’s AGM is to approve a team to intervene in the upcoming Barbados Light & Power (BL&P) rate review. The BARP president has raised public concern regarding the impact an increase in the electricity rate will have on its membership. The inability of BARP to raise a quorum to be an intervenor at the rate review goes to the root of our failing as a people to actively participate in civic engagement activities.
The blogmaster looks forward to BARP being able to host a successful AGM on December 06, 2021.
BARP considers protest against proposed BL&P rate hike
The Barbados Association of Retired Persons (BARP) is concerned that the hike in electricity rates proposed by the Barbados Light & Power Company, (BL&P) will be burdensome and unbearable for its members, and plans to intervene on their behalf.
BL&P has applied for a substantial increase in its rates and tariffs that would see the domestic rates per kwh increase between 33.3 per cent and 42.9 per cent, and the cost for new service (below 200 amps) jumping from $50 to as much as $130.
BARP is hoping to assemble a highpowered team of individuals of various skills to protest the steep increase.
“Since all rates are subject to Value Added Tax (VAT), such a steep increase will be even more severe for our members. We must make our voice heard, not only for our members but for all ratepayers,” said BARP president Marilyn Rice-Bowen.
She confirmed that the proposed intervention will be discussed at BARP’s annual general meeting which will be held next Monday via Zoom.In its 1,300-page application to the Fair Trading Commission (FTC), the BL&P said that following adjustments for rate-making purposes, its profits fell from $53.4 million in 2019 to $28.7 million in 2020.
The BL&P had also stated that its application for a rate hike was only its second in 40 years, and acknowledged the impact of the COVID-19 pandemic, the recent ashfall and Hurricane Elsa, had on ratepayers. (BT)
Source: Barbados Today