Business groups troubled by T&TEC rate hike plan
Business groups troubled by T&TEC rate hike plan Several business chambers have expressed their discontent with the Regulated Industries Commission's (RIC) plan for higher electricity costs. Tobago Business Chamber chairman, attorney Martin George, expressed his chamber's dissatisfaction with the rate hike, describing the increase as "palpable absurdity and patent stupidity" and a "slap in the face to the average Trinbagonian." George said, "T&TEC is a proliferate waster of money. T&TEC has a history of wasting billions of dollars and yet still, you are going to impose a 15-64 per cent increase on domestic consumers." He called on the government to intervene and prevent the...
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