Several parts of New Providence experienced power outages yesterday due to “technical difficulties as a result of bad weather conditions”, Bahamas Power and Light (BPL) said.
The areas included: Gamble Heights; Nassau Village; the Grove; South Beach Estates, west Carmichael; Collins Avenue; Pinewood Gardens; Kemp Road and Adelaide.
Public frustration with BPL has been boiling over for months, with New Providence having been plagued by hours-long load shedding exercises for most of the year. Outages were expected to be less of an issue with the completion of the installation of a new 132-megawatt Wartsila plant earlier this month.
Yet, there were near daily power cuts since then due to technical difficulties and line faults.
BPL, however, has insisted the situation will improve with the availability of financing from the rate reduction bond.
The House of Assembly passed the Electricity Rate Reduction Bond Bill, 2019 last month.
The bill aims to establish a legislative framework for BPL to raise $650 million through a rate reduction bond.
BPL officials said the funds acquired as a result of the bond will be used to pay BPL’s debt, upgrade infrastructure and solarize the Family Islands, among other things.
“In order to invest in the future and deliver more reliable energy that is less costly over time, BPL must service this debt now to make investments for the future,” it said in a statement released yesterday.
“The summer load shedding was a prime example of what happens when a company fails to maintain existing equipment or invest in new, more efficient generators. Doing nothing will only make things worse, as we have already seen.”