The Grand Bahama Port Authority’s (GBPA) Regulatory Committee announced on Tuesday that it had suspended review of the rate plan proposed by the Grand Bahama Power Company.

In a press release on Tuesday the GBPA Regulatory Committee said it held an urgent meeting on September 30, 2024, with executives of the Grand Bahama Power Company “to discuss current electricity service challenges and resulting impact to utility customers across the island.”

President of the GBPA, Ian Rolle said, “during yesterday’s meeting with Grand Bahama Power, we stressed the critical importance of restoring reliable electricity service to Grand Bahama’s residents and businesses.”

Rolle went further stating, “these interruptions in service take a tremendous toll on the island’s economy and our quality of life, and service reliability must be re-established as soon as possible. As such, we have directed GBPC to immediately develop and implement a plan to alleviate ongoing power disruptions.”

The statement advised residents that the GBPA “has suspended review of GBPC’s proposed rate plan, submitted on August 1st, 2024, covering the period of 2025 to 2027, and will reopen public consultation and encourage feedback from residents at an appropriate time.”

GBPA’s Regulatory Chairperson, Sarah St. George said, “GBPA will suspend any review of the rate plan until GBPC demonstrates significant improvement in power reliability.”

The GBPA Regulatory Committee promises to continue to monitor power reliability on the island.