A Government sanctioned and typically Bankrupt ponzi scheme!
In paying contributions since its inception I have never had any delusions of ever collecting any benefits, more so from the day the Government started borrowing the funds!
Government can't run a roadside lemonade stand without tiefing the lemons first and then stealing the revenue (if any) after.

Seems to be a need for "discovery" in many respects of GBPC and Emera,
Particularly with their rates.
"oh what tangled webs we weave,
When we practice to deceive.....
Quite an underhanded move, forcing the sale of privately held shares, with Government approval. Understandable why tho, with Emera's Bahamas operation being the most profitable globally.

Laing cannot explain what the effects will be, he doesn't know. Nor will he consult with those who might, but who will invariable disagree with him.
Incompetent negotiation does not benefits reap.
Meanwhile wholesale and retail cannot be carved out for Bahamians, Foreign entities are already in this arena in the Bahamas. To block any others would be discriminatory.
"most favored Nation" means there can be no favorites!

Firstly, We have successfully ignored the Constitution in many areas of our behavior, in both spirit and letter of the law. Pindling, Roker, et al started the move towards populist xenophobia and personal power, still the overarching "policy" it seems.
Layering more legislation atop existing and ignored laws/rules is pointless.
Often wondered if Pindling had been allegedly Haitian as opposed to Jamaican, would Jamaicans have been the Bahamian Bogey man?
In fact, look at so many Surnames in Bahamian politics, looks to be a classic "closing of the Barn doors but after we're in" as a national policy!

The 18 year long problem is Government has been negotiating, not the private sector.
Government has kept the private sector in the dark, where they have been quite happy quite frankly.
Private sector input has been dismal at best, creating a very steep learning curve on top of the ever increasing domestic economy stagnating government bureaucracy.
A snail moves faster and more efficiently.
Thus far government has pressure from the external, (imf, oecd, wto, et al) and virtually none from within.

Ok, the Chamber chief is a protectionist? This will not work out well, in the face of WTO etc.
Obviously not from the private sector either.

RC are 40% owners of the ship yard also.

The Port authority may have had the "sole authority" when it owned and operated "Freeport Power" but once sold to Southern/then Mirant/ then Maribuni/ then Emera it (the Port) divested itself of that exclusivity. Further, once a contract was signed with the Government to transmit and distribute power beyond the Port Authority area, it became subject to URCA in those areas at the very least. A very grey area via a poorly written pair of contracts, since expired in 2018 and not renewed.
Further, when "GB Power Co" (a nice slight of hand in the name change from Freeport Power) allowed Emera in to own and operate the new power plant it effectively broke its own monopoly as loosely granted by the Port Authority. Emera had shares in GB Power, and did not own it outright. Therefore they were two separate entities.

Seems Mr Shurland does not understand the difference between stealing and knowing it and being scammed and having plausible deniability. They could be the unwitting recipient of "stolen goods"
Theft is technically proven if not lawfully proven but GBPC has probably been "encouraged " to take the non prosecution route.
Still, GBPC bears some responsibility, "apparently" being ignorant of this widespread situation.
As to their losses, if they are indeed guaranteed a minimum 10% return on investment, would it not stand to reason that those long term losses would have /could have been passed onto paying customers?
Maybe a bit of legal discovery is in order on the rate structure, see what else is hidden in there.

I find the above to be correct, and will add that while there is no Bahamian certification, U.S. and Canadian certified Bahamians do exist. But not with the Ministry of works, or URCA, or bpl/bec. i will stand corrected if Government employed Solar Certified staff exist.
How does one inspect if not certified?
Being an electrician is helpful but not sufficient.
The unfortunate situation is that while BEC/BPL and URCA wrangle and dither, the industry globally has moved far beyond what they are hung up on.