Saturday, March 17, 2018

Realistic rate hikes for T&TEC*

As the nation grapples with two seemingly intractable problems—crime and the economy—we pay little or no attention to two critical issues that are bound to generate a furore sometime soon—increases in water and electricity rates.

The Regulated Industries Commission (RIC), which determines how much the Water and Sewerage Authority (WASA) and the Trinidad and Tobago Electricity Commission (T&TEC) can charge consumers for these vital supplies, has indicated it will soon set in motion the procedures that will guide it with respect to granting or denying these agencies rate increases.


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