The government of The Bahamas is forging ahead in its quest
to provide the Bahamian people with affordable and efficient energy services
with the approval a new energy sector strategy for The Bahamas. Last evening, Prime Minister Perry Christie
released a statement outlining the way forward
pertains to reforming the energy sector of the country.
I have spoken many
times before on the subject of grid tie in and the use of renewable energy
sources since taking office as Minister of the Environment and Housing. However
the Prime Minister's statement makes abundantly clear this government's plans
to bring relief to the Bahamian people.
The Progressive Liberal Party promised to make energy more
affordable for our citizens in our 'Charter for Governance' and we are taking the steps necessary to
ensure that it happens.
The Bahamian people should take special note that in the
statement released on energy sector reform the government plans to create the
following:
·
an energy sector that provides affordable energy
supplies to all customers with the capacity to meet the long term growth in the
demand for energy.
·
an energy sector that is 30% powered by
renewable energy by 2030 including 10% of the sector's power to come from
residential energy self generation.
This will mean that consumers will be able to generate their
own energy to power their homes through solar, wind and other types of
renewable energy sources to be fed into the grid. Not only will this aid in reducing the cost
of energy to consumers and reducing the demand for publicly generated
energy. It will also allow for a
possible energy credit programme to be introduced. This announcement is also good news for
persons who would like to enter the energy sector as entrepreneurs as one of
our objectives is to provide investment opportunities for Bahamians and spinoff
opportunities within the nation's economy
The government of The Bahamas is resolute in following this
new course that has been charted to lower the cost of living and doing business
in The Bahamas thereby bringing relief to our people.