A new Saint Lucia electricity bill which will soon be the subject of public consultation proposes the entry of independent power producers into the local energy market.
Minister for Commerce, Manufacturing, Business Development, Cooperatives, and Consumer Affairs Emma Hippolyte described the proposal as a key aspect of the draft legislation.
“Work on finalising the electricity bill is very advanced,” Hippolyte said in a World Consumer Rights Day address.
“It is anticipated that the bill and supporting regulations will be ready for public consultation within a month or two,” the Soufriere MP stated.
According to Hippolyte, the electricity bill reflects the government’s intent to restructure the electricity sector’s institutional framework.
She explained that the objective was to achieve stability in electricity prices and overall energy sector stability.
Her complete address appears below: