Vincentians may have to pay more for electricity in the coming months, as a result of the damage sustained by the Hydro Stations of the St.Vincent Electricity Services Limited VINLEC.
Chief Executive Officer of VINLEC Thornley Myers explained how the natural disaster impacted the operations of the company, during a News Conference yesterday.
Mr. Myers said the damage inflicted by the floods and landslides of December 2013 will have an impact on the fuel surcharge paid by electricity consumers here.
He disclosed that VINLEC’s Hydro Stations were severely damaged as a result of the weather, resulting in a loss of hydro power. And he said this will have implications for the cost of electricity production.
Chief Executive Officer of the St. Vincent Electricity Services Limited, VINLEC, Thornley Myers
Mr. Myers said VINLEC, would have to spend about 10-million dollars to repair the damage to the three Hydro Systems.
He said an additional 4-million dollars would have to be spent on infrastructure that would be needed to prevent any damage which may occur in the future from a similar natural disaster.
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