Barry Padarath, Minister of Public Utilities and Minister in the Office of the Prime Minister promised residents there will be no increase of water or electricity rates in the near future.

He said while the Regulated Industries Commission (RIC) was going through its processes, the government would put an immediate stop to any rate increases.

The RIC completed its review of electricity rates in November 2023 and the former administration was evaluating possible government subsidies up to the general election on April 28.