March 3, 2021
Grand Bahama Power Company headquarters.
Stories this photo appears in:
GB Power solar rates '30% below Caribbean'
Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.
GB Power secures ‘best solar rate in Caribbean’
Grand Bahama Power Company believes it has obtained “the best rate in the Caribbean” with its first solar energy deal with an independent provider, its top executive has revealed.
GB Power ‘clawing way back’ in 25% profit rise
Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.
Residents react to rise in Grand Bahama Power fuel rate
THE announcement of a rate hike by the Grand Bahama Power Company was received with mixed reactions by some residents on the island.
Grand Bahama Power ‘very advanced’ on 20MW solar installation
Grand Bahama Power Company is “at a very advanced stage” in formalising four separate projects that will collectively provide 20 Mega Watts (MW) of solar generation capacity for the island’s grid.
Grand Bahama electricity costs 40% below rest of Bahamas
Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).
Union frustration with alleged wrongful dismissals at GBPC
THE Commonwealth Electrical Workers Union has voiced frustration over the alleged wrongful dismissals of workers at the Grand Bahama Power Company.
Gov’t intervention call at GB Power
The Government was yesterday urged to intervene over several labour-related grievances involving Grand Bahama Power Company after a trade union leader threatened to seek a “further course of redress”.
Parties united in concern over Grand Bahama power rates
FREE National Movement leader Michael Pintard says an increase in electricity rates on Grand Bahama is inconsiderate and worrisome and would only hamper efforts to strengthen the island’s economy.
Parties united against GBPC rate rise
DESPITE regulatory approval for a rate increase in the cost of electricity in Grand Bahama, the government and the official opposition do not believe it is a good time as the island’s economy is still struggling to recover.
GB Power rate hike approval sparks ‘new regulator’ charge
Renewed calls were made last night for an independent regulator to take over supervision of all Freeport utilities after Grand Bahama Power Company’s base tariff hike was partially approved.
GB Power promises $50m network spend
Grand Bahama Power Company yesterday pledged to invest $50m over the next five years to maintain its network infrastructure, and admitted: “No one wants to see rates increase.”
GB Power in 25-year east, west extension
Grand Bahama Power Company yesterday confirmed its East and West End electricity supply agreements have been extended for a further 25 years - a revelation not met with universal acclaim.
Consumers stunned by GB Power’s $15m Dorian move
Grand Bahama residents and businesses were yesterday stunned to learn that the island’s monopoly electricity provider has now moved to recover $15.6m in Dorian restoration costs from them.
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