FTC faces ultimatum over power rate documents

The Fair Trading Commission (FTC) of Barbados is under pressure to reverse its decision not to compel the Barbados Light and Power Company (BLPC) to release critical financial documents, or face potential legal action from consumer advocates. This standoff follows a series of exchanges between FTC counsel Alrick Scott and senior counsel for the intervenors, Hallop. In a recent letter, Scott reiterated the FTC’s stance, asserting that there is no statutory obligation to mandate the release of the requested reports. He emphasized that the Utilities Regulations Act applies only during active rate review proceedings, which the FTC claims have concluded. Gollop, representing intervenor Ricky Went, countered that the proceedings are not closed and warned that legal action could be pursued if the FTC does not comply within seven days. The intervenors are demanding access to several key documents, including audited financial reports and compliance filings, which they argue are essential for transparency and accountability. The FTC maintains that any further discovery should be handled through the High Court, where BLPC’s rate review decision is currently under appeal. The outcome of this dispute could set a significant precedent for regulatory transparency and consumer rights in Barbados.