GPL increase must be placed at the feet of the opposition – Edghill
Junior Finance Minister, Juan Edghill said that the proposed 26.7% increase in electricity rates must be placed squarely at the feet of the opposition.
Edghill made this remark today, Monday June 10 at the People’s Progressive Party [PPP] weekly press conference at Freedom House.
According to Edghill, the opposition must not use Guyanese as political pawns The Guyana Power and Light’s last tariff increase was in December of 2007.
Additionally, Finance Minister Dr Ashni Singh is contending that over the years the Guyana Power and Light Inc has tried to strike the balance between making investments, meeting its management requirements and ensuring that tariffs were not increased.
According to Dr. Singh, the fact that GPL plans to increase its rates, drives home the urgent need for cheaper and renewable energy that would be provided by the Amaila Falls Hydro-electricity plant.