No hike in energy bills from powership – Jagdeo

A power ship

-US$1m mobilisation fee to be paid

Government yesterday assured that consumers will pay no increase on their power utility bill, even as the Guyana Power and Light (GPL) yesterday announced that it was paying the power ship rental company a US$1 million mobilisation fee in addition to around US7.06 cents per kWh (kilowatthour) in monthly charter, operation and maintenance fees.

“There will be no increase in the price for electricity because of this rental…” Vice President Bharrat Jagdeo yesterday declared when asked by the Stabroek News if GPL consumers should expect any increases in their power bills over the next two years.

“They are bringing the vessel, you’re paying for the capacity. For example; for the use of the equipment and the operation and maintenance cost and [we] have to supply the fuel…,” he explained.