-----PRESS RELEASE ISSUED BY TCIG -----
FortisTCI Limited & Turks and Caicos Utility Limited (the Company or FortisTCI) has applied to the Governor for a variation of the prescribed rate of tariffs under section 40 of the Electricity Ordinance.
In this regard, His Excellency the Governor has appointed Mr. J. Paul Morgan, under section 39 of the Electricity Ordinance, to inquire into the reasonableness of the proposed variation of the prescribed tariff of rates by FortisTCI Limited and Turks and Caicos Utilities Limited pursuant to section 40 of the Electricity Ordinance as follows—
Class of Customers Proposed Increase
Residential 5.5%-5.7%
All others 7.9%
As part of the process to inquire into the reasonableness of the proposed variation of the prescribed tariff of rates by FortisTCI Limited and Turks and Caicos Utilities Limited the general public is now informed that the inquiry is open to the public and that any interested person may attend the inquiry and may make written or oral representations to the person holding the inquiry, pursuant to section 39(5) of the Electricity Ordinance.
If you wish to make a written presentation, it should be submitted on or before 24th June 2019. All written submissions must be emailed to the following addresses jeffreypaulmorgan@gmail.com or jason.abraham@avisobviconsulting.com with the caption “Submission to the FortisTCI Proposed Rate Variation Inquiry”.
If you wish to make an oral presentation at the inquiry your intention should be communicated to Mr J Paul Morgan, and should include a reference to your specific concern as it relates to the reasonableness of the proposed variation of the prescribed rates of tariff by FortisTCI Limited and Turks and Caicos Utilities Limited, on or before 26th June 2019.Please note that oral presentations at the inquiry shall be limited to 15 minutes per person.,
The public is also informed that the inquiry which is opened to the public is scheduled [to commence on the 2nd and 3rd July 2019, at the Gustavus Lightbourne Sport Complex, Providenciales, from 4pm to 8pm.
All are welcome to attend
ENDS
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Turks & Caicos Islands
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