A measure that should positively impact on the light bills of Barbadian consumers is being taken to Parliament by Prime Minister Freundel Stuart when it resumes tomorrow, following the long summer recess.
The much anticipated Electric Light & Power Bill, being piloted by Prime Minister Stuart, is aimed at revising the law relating to the supply and use of electricity, promoting the generation of electricity from renewable energy, enhance the security and reliability of the supply of electricity and provide for related matters.
It will require all suppliers of electricity to be issued with a licence, except those who sell electricity to the public grid, where the cumulative-installed capacity of the generation systems, owned, controlled or operated by that person, did not exceed the amount stipulated in the legislation.
Consumers who install the renewable energy systems are expected to reap substantial savings through the sale of excess power to the Barbados Light & Power Company, as well as government tax incentives.
The BL&P has put its support behind the legislation and agrees with its stated objectives.
The proposed act also imposes a $100,000 fine or two years in jail, or both for persons who supply electricity without a licence. If they continue to break this provision in the law, the offender will be slapped with a further fine of $10,000 for each day or part thereof, that they continue to flout the legislation.
That measure is just one of a dozen items of government business to be discussed by parliamentarians when they meet again in the Lower Chamber from 10 am.
There are also five resolutions, either for the vesting or disposal of State lands, or the compulsory acquisition of land by government. Those measures are in the name of Minister of Housing and Lands Denis Kellman.
Other business down for consideration include an amendment to the Customs Act and Income Tax Act, the second reading of the Cultural Industries Development Bill and a resolution to guarantee the repayment of the principle amount of $3 million and any interest or charges owing, from money borrowed by the National Petroleum Corporation from the National Insurance Board. (EJ)
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