Tag Archives: Emera

Cooperative Coalition Shocked at FTC Ruling

The following is a Press Release from the Coalition of Co-operatives Coalition of Co-operatives and Concerned Citizens in relation to the recent FTC ruling – Blogmaster Coalition of Concerned Co-operatives and CitizensPRESS RELEASE 17 September 2022 The Coalition of Concerned Cooperatives is shocked at the decision by the Fair Trading Commission to grant an interim rate increase to the Barbados

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EMERA Wants Increase!

Barbados Light & Power

It harrows the blogmaster with fear and wonder (thanks Artax) that the Barbados Light and Power company (EMERA) sees it fit and proper to apply for a rate increase. The company in its PR communication to deflect the decision assures low income households the increase to billing will be negligible IF approved by the Fair Trading Commission (FTC). The assumption

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Lights Out!

Following the ongoing national debate about the response by EMERA to post-Elsa damage to its network gets the blogmaster’s dander up. In 2012 the BU family predicted the decision by the NIS Board chaired by Tony Marshall to dump our shares in Barbados Light and Power (BL&P) to Canada-based EMERA would comeback to haunt us. ALL sensible Barbadians agreed at

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Power PROBE @BL&P a Must!

The blogmaster inquired from Chris Halsall how would a distributed power generation model affect BL&P’s profit and loss in the aftermath of last week’s catastrophe –Barbados Gone Dark. He responded as follows: ROK (RIP) and I relied on Douglas Skeete during the rate hearings for the financial dimensions, but my understanding is moving to a distributed generation model would have

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No Power… No Vision

The Barbados Light and Power Company (BL&P) is one of the local utilities most Barbadians will agree has provided a better than satisfactory level of service through the years. The blogmaster does not have access to the ‘power outage’ history of BL&P since it was delivered to the Canadian power company EMERA. However, if one were to go by the

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BL&P Denied!

It is with great interest BU read the decision handed down by the Fair Trading Commission to DENY the application by the Barbados Light & Power Company Limited (BL&P)  to apply the results and costs of Fuel Hedging to the Fuel Clause Adjustment (FCA). Some will argue that this is a pyrrhic victory given a prior decision by Barbadians to

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Barbados Renewable Energy Program–A Case of the Tail Wagging the Dog

The Fair Trading Commission (FTC) recently ruled on the motion for review of the billing arrangement and metering option of the Renewable Energy Rider  (RER) – see FTC Order and Decision . The RER is a mechanism established by government to facilitate the sale of surplus electricity to the grid supplied by customers with Renewable Energy (RE)  systems. The government

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Our Energy Policy is Adrift

The following submission probes government’s energy policy Our energy policy is becoming more and more perplexing. So much so that any reasonable person analyzing the decisions and statements of those whose stewardship we depend on for efficient, reliable, sustainable energy practices would conclude that presently we as a nation could not be any further adrift. Commenting on the same issue,

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EMERA's Barbados Light & Power Company To Apply for a Hike in Rate Soon

EMERA Caribbean President Sarah MacDonald has signalled that the company will be applying to the Fair Trading Commission (FTC) for a rate increase in the near future. The Canadian owner of Barbados’ sole electricity generation and distribution company intends to build a 60 megawatt power generation plant.  We have been told that the current plant is old and inefficient. The

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Fair Trading Commission (FTC) Must Play Leadership Role Transitioning Barbados to RE

There is nothing surprising about a monopoly, namely EMERA, seeking to protect its commercial monopoly interests. That essentially is what the Renewable Energy Rider (RER) consultation paper is about. At issue though is whether the desired regulatory approval that serves a monopoly’s interest should be allowed to undermine the interest in the liberalisation and economic safeguards of a sovereign state.

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EMERA WATCH: Pay Up Or Power Down

Nova Scotia Power tacks seemingly arbitrary “security deposit” charge to customers’ billsWatch your meter closely, or you might be in for a surprise by Miles Howe Having trouble paying your power bill? Be careful: don’t fall too far behind on the wrong day, or you might just find a pricey surprise in the mail. Nova Scotia Power (NSPI), the Emera-owned

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Naughty EMERA

Reproduced from the Halifax Co-op It would appear as though there is significant upheaval occurring on the island of Grand Bahama, and once again, Emera, the Nova Scotia-based power company, is in the thick of it. Following an island-wide blackout yesterday, which rumour initially ascribed to “industrial unrest” (but which a Grand Bahama Power Company (GBPC) press release blames on

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Will The Fair Trading Commission Protect Consumers From EMERA And LIME?

On Friday, Emera showed a profit attributable to shareholders of $241.1 million ($1.97 per share) on revenue of $2.06 billion for all of 2011. That compares to a profit of $190.7 million ($1.65 per share) on revenue of $1.6 billion in fiscal 2010. The company credits gains earned by Caribbean subsidiary Light & Power Holdings Ltd. for helping achieve impressive

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Looking Ahead For The Better

Submitted by Old Onion Bags The taxation assault that was unleashed on Barbados, has brought about what is occasioned today …a total slow down of the economy and negative or no growth pattern during the five year implemented. It was a mistake to increase VAT from 15% to 17.50% in order to bring additional revenue in a time of recession

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