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Private Sector Commission expresses concern over GPL’s proposed tariff increase – 12th Jun 2013

gpl2The Private Sector Commission wants the Government, as shareholders of the Guyana Power and Light Company to take the necessary steps to avoid any increase in electricity charges at this time.

The Commission views with concern GPL’s proposed 26.7 percent increase in rates, since it could have a ripple effect on consumers outside of their personal electricity bill.

In a press statement, the body said it hopes the Government, GPL management and the Opposition parties can immediately begin talks aimed at restoring the 5.2 billion dollars cut from the intended capital works of GPL in this year’s National Budget.

According to the statement, the Commission is firmly of the view that an increase in charges for electricity would lead to tremendous hardship for citizens.

The business community believes the proposed increase in the minimum wage and the relief to workers afforded by the reduction in income taxes would not make a difference if GPL goes ahead with the electricity hike.

The Private Sector Commission said struggling small businesses could also see a decline since there would be a dip in the manufacturing sector making it difficult for such businesses to survive.

With GPL still to announce when consumers could expect the increase electricity rates, the commission has extended its availability to work with the stakeholders to resolve the matter.

Both the Alliance For Change and A Partnership For National Unity have rejected GPL’s proposed increase saying that any decision on increasing rates should be made by the Public Utilities Commission.

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