Abaco added to BPL rebate list

By EARYEL BOWLEG

Tribune Staff Reporter

ebowleg@tribunemedia.net

Bahamas Power and Light (BPL) confirmed Abaco residents will receive a 50 per cent rebate on the base rate of their electricity bills for the next billing cycle.

In a press release , the company clarified  CEO Toni Seymour’s initial announcement on Thursday that Eleuthera, Long Island and Cat Island were included in the relief initiative.

“The omission of Abaco during the announcement was unintentional, and BPL wishes to assure Abaco residents that are included in this relief initiative,” the statement read.

“We deeply appreciate the patience and understanding of all our customers as we continue to work toward stabilizing and improving power generation across the Family Islands. The rebate is a gesture of our commitment to being responsive to customer needs and accountable for the service challenges we are working to resolve.”

While some Family Island residents expressed appreciation for the initiative, Tribune Business reported that others believe the rebate is inadequate given ongoing power supply challenges. 

On Thursday, Ms Seymour apologized to Family Island customers who have been experiencing extended outages due to power disruptions, generation shortfalls, or other reasons.

She added BPL is “working diligently” to stabilize the Family Island networks as quickly and safely possible.

The CEO said approximately $30m was allocated for upgrades across the Family Islands in preparation for the summer demand, noting that this amount does not cover all the upgrades needed to reach their desired service level.

Comments

Porcupine says...

And shouldn't our own MP, Mr. Lundy, acknowledge that Andros has more than its share of power outages?
Seriously, you don't here about it?

Posted 23 August 2025, 6:35 p.m. Suggest removal

Porcupine says...

How long was our power off last night?
Not enough to qualify for relief, BPL and our representative Lundy?

Posted 24 August 2025, 8:10 a.m. Suggest removal

IslandWarrior says...

> Report: Justifying BPL Nuclear
> Conversion and Cost Benefits for the
> Bahamas

In light of recent revelations, the transformation of the Bahamas Electricity Corporation (BEC) and Bahamas Power and Light (BPL) becomes an urgent necessity. This report aims to comprehensively justify the conversion to nuclear energy for BPL and highlight the substantial cost benefits that such a transition could bring to the Bahamas.

Current Landscape:
The annual reports spanning 2016 to 2020 have illuminated BPL's precarious financial situation. Negative cash flows, operational losses, and maturing obligations raise concerns about BPL's sustainability. In a climate of economic volatility, BPL's financial challenges magnify the urgency of finding a viable, long-term solution.

> The Vision of Nuclear Energy
> Conversion:

The prospect of nuclear energy conversion presents an unprecedented opportunity to alleviate the financial burdens faced by BPL and pave the way for sustainable development in the Bahamas. Let's delve into the compelling reasons behind the nuclear conversion:

1. Financial Stability and Predictability:
Nuclear energy provides a stable and predictable source of power. By transitioning to nuclear energy, BPL can mitigate the volatility of fuel costs and operational losses outlined in the annual reports. With an annual revenue of $380 million from 108,000 customers, the potential for financial stability and growth is evident.

2. Substantial Cost Savings:
The transition to nuclear energy promises to revolutionize BPL's financial landscape. The cumulative cost of providing energy to 108,000 customers over 10 years, estimated at $3.8 billion, underscores the scale of potential savings through nuclear energy conversion. These funds could be redirected toward sustainable development, infrastructure improvement, and socioeconomic progress.

Cost Analysis:
To ensure a convincing and detailed case, we've conducted an in-depth cost analysis over a 10-year period, comparing the current scenario with the potential nuclear energy conversion.

1. Customer Payments Over 10 Years:
Based on the annual revenue of $380 million and 108,000 customers, customer payments over 10 years amount to:
$380 million * 10 years = $3.8 billion

2. Estimated Fuel Cost Over 10 Years:
Considering BPL's annual fuel cost of $300 million, the total fuel cost over 10 years is:
$300 million * 10 years = $3 billion

3. Estimated Cost of Nuclear Plant:
Based on estimates, the cost of building a new nuclear plant is $1 billion.

Cost Comparison:
Now, let's juxtapose these figures for a comprehensive understanding of the financial implications:

Cost Comparison Over 10 Years
• Customer Payments to BPL | $3.8B
• Estimated Fuel Cost | $3B
• Estimated Cost of Building a New Nuclear Plant | $1B

Posted 24 August 2025, 9:53 p.m. Suggest removal

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