In 2016, the Government will invest $2.5 billion in initiatives to improve GPL’s operational management capabilities.

Approximately 830 km of the main distribution network will be rehabilitated, with a focus on reducing electricity losses and improving the safety and reliability of the electrical system.

The Government is examining a number of un-served areas with a view of providing electricity to residents in those excluded communities, so as to improve living conditions.

The Government is negotiating a power purchase agreement with a private developer for a US$50 million wind farm at Hope Beach.

This facility is expected to provide an additional 25 megawatts of power to the national grid. Currently, the Guyana Power and Light (GPL) generates power at an average weighted cost of US$0.28 per kilowatt hour.

The new project will likely offer GPL energy at less than half that cost, which will translate to lower electricity tariffs to consumers.