Today our friends at Barbados Underground posted a strong case that the company that Barbados allows to have a monopoly over power has been irresponsibly gouging consumers while failing to make realistic changes for the country’s future.
Is it time to cut BL&P down to size through regulated pricing and government-mandated investment into new technologies?
If you want to have a monopoly on this island, you had better be responsible about it.
The government could start by forcing BL&P to purchase power from home-owners who make surplus through wind generation or solar panels – and then increase taxes on BL&P and use the money to crank up the incentives to homeowners to convert to alternative energy generation.
The nay-sayers might want to think about how many windmills we used to have all over Barbados. Only the technology has changed. The wind from Africa still blows as strong as ever…
Head on over to BU and read their excellent story: Barbados Light & Power & Stephen Worme Under The Microscope