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IN THE MATTER of the Utilities Regulation (Procedural) Rules 2003;

AND IN THE MATTER of the Utilities Regulation Act CAP 282 and the Fair Trading Commission Act CAP 326B of the Laws of Barbados;

AND IN THE MATTER of the Application by the Barbados Light & Power Company Limited (the Applicant) for a review of electricity rates pursuant to Section 16 of the Utilities Regulation Act, CAP 282 of the Laws of Barbados;

NOTICE IS HEREBY GIVEN that the Applicant has applied to the Fair Trading Commission (Commission) for the following:

The Rate Base as computed by the Applicant and calculated to be $544,198,726 be approved.
(b) The capital structure of Debt of 35% and Equity of 65% used by the Applicant in the determination of its Rate of Return be approved.
(c) The Rate of Return on Rate Base of 10.48% be approved.
(d) The Revenue Requirement of $502,238,415 be approved.
(e) The Existing Tariffs be replaced by the Proposed Tariffs details of which are described at Schedules K-1 to K-11 of the Application.
The Proposed Tariffs to be effective from October 1, 2009.
The existing Standards of Service be retained pending a decision by the Commission on its review of the Standards of Service.
(h) Such further Orders or other relief as may be warranted.
1. Any person who wishes to intervene in the proceeding must file a letter of intervention no later than 4:00p.m on the 25th day of June 2009. The letter of intervention must comply with the provisions of Rule 64(6) of the Utilities Regulation (Procedural) Rules, 2003 which state:
  Every letter of intervention shall:
(a) be divided into paragraphs and numbered consecutively;
(b) describe the intervenor, the interest of the intervenor in the proceeding and the grounds for intervention;
(c) contain subject to Rule 64(7) a concise statement of the nature and scope of the intervenor’s intended participation;
(d)  request the written evidence if it is desired; and
(e) set out the full name, address, telephone number and facsimile number of no more than 2 representatives including counsel of the intervenor for the purposes of service and delivery of documents in the proceeding.
At any hearing only those persons who have filed a letter of intervention in accordance with the above criteria, will be entitled to be heard.
3. Copies of the said Application and supporting documents and data filed by the Applicant can be viewed on the Commission’s website at www.ftc.gov.bb or perused at the Commission’s office, “Good Hope”, Green Hill, St. Michael between the hours of 9:00a.m. to 4:00p.m. Mondays through Fridays.
4. Copies of the Application letter and the summary of rates (approximately 20 pages) can be obtained from the Commission Secretary
5. Any written questions (interrogatories) about the Application and the accompanying documentation must be included in the letter of intervention.
6. Copies of the Utilities Regulation Act, Fair Trading Commission Act, Utilities Regulation (Procedural) Rules 2003, relating thereto may be inspected at the Commission’s office between the hours of 9:00a.m. to 4:00p.m., Monday through Friday and are available on our website at www.ftc.gov.bb.
7. Notice of the date and venue for the commencement of the public hearing will be given at a later date.



































Dated the 13th day of May 2009

Peggy Griffith

Chief Executive Officer

Fair Trading Commission

Telephone: 424-0260


For Further Information on this Application please click here...

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