The Fair Trading Commission’s hearings into a rate increase application by the Barbados Light & Power Company have been extended by an additional two days.
That’s because a number of outstanding matters still remain to be concluded, including the re-examination of the company’s Managing Director Roger Blackman.
This was divulged by Chairman, Dr. Donley Carrington who indicated that they would not be able to conclude within the thirteen days that had originally been allotted.
He then polled the intervenors as to who would be available for the proposed additional days – next Thursday and Friday, the 13th and 14th of October. All of them indicated they would be able to do so.
Today was originally intended to be the final day of the hearings
Earlier in the day, as testimony continued, it was the company’s Manager of Regulatory Affairs Dr. Adrian Carter who continued to be cross examined by both intervenors and commissioners on a wide range of topics, related to the company’s rationale for cost recovery and the thinking that went into the quantum of its rate increase request.
At one point he responded to a question from the intervenor team of Trisha Watson and David Simpson, as to whether the company could possibly see a drop in demand with an increase in its rates.
About The Author
More Stories
Barbados to know status of new Constitution next year
Sir Henry Forde laid to rest
Barbadians to benefit from Ministerial Declaration adopted at forum