New water and electricity rates coming?

Citizens may need to prepare for a change in their water and electricity rates.

The regulated industries commission has commenced the process of price reviews for the Trinidad and Tobago electricity commission – T&TEC, and the water and sewerage authority - WASA.

The price review process will consist of three phases all expected to be concluded in a one year period.

The first phase will involve the publication and circulation of the RIC document “framework and approach”, which outlines the process that the RIC will follow to conduct the reviews.