Tariffs and Riders for Businesses
Electricity rates are subject to the approval of the Fair Trading Commission (FTC). There are three types of tariffs covering services offered by the Company for Business Services: General Service, Secondary Voltage Power and Large Power.
This tariff is available to all customers with a single phase, 2 or 3 wire service up to a maximum of 10 kVA to whom no other tariff is applicable.
This tariff is available for customers with a billing demand of 5 kVA or greater who require service at the secondary voltage level.
This tariff is available as a pilot programme to customers who satisfy the criteria for the Large Power. Customers are charged a different price depending on when they consume power.
Fuel Clause Adjustment
The FCA is approved by the Fair Trading Commission as a mechanism for the Barbados Light & Power (BLPC) to recover the cost of fuel used in the production of electricity. The cost of fuel purchased is recovered and applied equally to all customer groups through the FCA charge. Changes in the FCA are influenced mainly by movements in the purchase price of fuel.
The FCA is calculated monthly as the sum of the previous month’s cost of energy purchased and cost of fuel consumed, plus any cumulative over and under recovery divided by the kWh sales of the previous month. The cost of energy purchased includes energy purchased from renewable energy resources.
Click here to read more about the Fuel Clause Adjustment.