The Guyana Power and Light company has announced that it has gotten approval from the Public Utilities Commission to implement a “Time of Use” tariff for the company’s industrial and large scale customers.

The tariff increase took effect on the 1st October and will remain in place until the end of January.

According to GPL, during the peak hours of 1pm to 3pm and 6pm to 10pm, the industrial and large scale customers will be charged $70.30 per kilowatt hour. The off-peak rate will remain at $48.78 per kilowatt hour.

The Power Company made it clear that the rates for residential and small to medium scale business customers will remain unchanged.

The Government recently announced that GPL was forced to disconnect 15 large scale customers from its grid, owing to the current demand for electricity and the company being unable fully meet the increased demand at this time.

The Power Company had asked large companies to remove themselves from the national grid and self generate, but not too many companies volunteered, according to the company.

The Government has indicated that it is currently looking to have additional power added to the GPL grid in the coming weeks to ensure there are no problems with meeting the demand that is expected in December.

Several parts of the country have been hit with power outages over the past weeks, and the Power Company has blamed that on the increase in demand for electricity.

The Private Sector Commission, the Georgetown Chamber of Commerce and the Guyana Manufacturing and Services Association, have all been silent on the current power problems facing GPL and the impact on local businesses.

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