Bahamas Electricity Corporation customers can expect to get a break in their bills beginning in October, BEC Chairman Michael Moss told The Nassau Guardian yesterday.
Moss explained that lower oil prices on the global market coupled with greater output at the Clifton Pier power station as a result of generator overhauls are the reasons customers will see a reduction in the fuel charge in about two months.
Moss said BEC’s average price for Heavy Fuel Oil (HFO) was 1.8 percent higher in June than it was in May, while its average price for Automotive Diesel Oil (ADO) was 1.3 percent lower in June than in May.
Moss said generators rented by BEC from a company in Panama that will produce 20 megawatts of additional power, should help to maintain a steady power supply for New Providence.
