GB Power acquisition risks higher costs, weaker reliability warns Chamber president

2026-01-29 - 09:22

NASSAU, BAHAMAS — Grand Bahama Chamber of Commerce President Dillon Knowles is cautioning that government plans to acquire Grand Bahama Power risk shifting costs to taxpayers without addressing the structural issues driving electricity prices on the island. “The Government justifies acquiring GB Power on the basis that electricity prices on Grand Bahama are higher than