THIRSTY FOR CASH - NWC seeks massive rate hike, warns of investment cuts without it as debts mount
Originally published by The Gleaner Read the original
The Office of Utilities Regulation (OUR) has confirmed that it received an application from the National Water Commission (NWC) for a 51 per cent increase in tariff over a five-year period. The NWC’s senior management told a meeting of the Public Accounts Committee (PAC) at Gordon House on Tuesday that the utility had applied to the regulatory body last Friday, putting its approximately 500,000 customers on notice. In a release yesterday, the OUR said the tariff application covers the period 202
