Utility regulators have approved a Barbados Light & Power Company Limited (BLPC) application to recover the cost of investment in some new equipment, but Barbadians will have to wait to find out the financial impact on their electricity bills.

In a decision dated August 14, 2026, the Fair Trading Commission (FTC) approved BLPC’s investment and cost recovery for three new 20 megavolt-amperes (MVar), purpose-built synchronous condensers (SCO), not the four that the company applied for.

The FTC also ruled that costs associated with the investment in three SCO “shall be ultimately recovered through base rates pursuant to the next review of electricity rates”.