The Public Utilities Commission (PUC) has fined the Guyana Power and Light Inc. for failing to improve its services in accordance with performance targets previously set out.
This is according to the PUC’s Annual Report for the 2018.
It was noted that early last year, the Commission as required by law reviewed GPL’s 2017 Operating Standards and Performance Targets and found that the company had failed to improve its service as against its 2016 standards. As a consequence, the Commission imposed a fine of 5% of the total value of dividends payable to the Company’s shareholders.
The PUC said: “This stance by the Commission sent a strong message to the utility company which should in turn motivate it to strive to achieve optimum standards.”
More details in the Thursday, July 25, 2019 edition of the Guyana Times.
