January 3, 2013
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GB electricity decision next week
A FINAL decision on the electricity rate increase application proposed by the Grand Bahama Power Company will be made when the Grand Bahama Port Authority wraps up its 45-day public consultative process on December 31 – a week from now.
GB Power suffers $23m Dorian blow
Hurricane Dorian’s catastrophic winds and storm surge have inflicted a $23m blow on Grand Bahama Power Company, its Canadian owner revealed yesterday. Emera, unveiling its 2019 third quarter results, disclosed that Grand Bahama’s electrical utility
GB Power's $18m 'bold statement'
GB Power Company will invest more than $18m in renewable energy and smart technology over the next two years as part of a “bold statement” to improve reliability and lower energy costs.David McGregor, the utility’s president and chief operating offic
GB Power chief: Renewables can be 50-60% of generation
GB Power’s top executive yesterday said renewable energy can ultimately become 50-60 percent of the island’s generation mix, but warned: “You won’t see Florida prices any time soon.”David McGregor, the utility’s president and chief operating officer,
GB Power targets 42% profits rise for 2013
Grand Bahama Power Company (GBPC) is projecting that its net income will “improve significantly” by 42.1 per cent this year, rising to $12.331 million on the back of cost efficiencies and its ‘return-based’ tariff structure.
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