Article

The Equity Rate Adjustment (ERA) program in the Bahamas resulted in 82% of households experiencing lower electricity bills in 2025, with 44% of residential customers paying at least 15% less than pre-ERA rates. Projected annual savings are $11.4 million, increasing to $92 million with the transition to liquefied natural gas (LNG).

Reliability improvements include a 45% reduction in outage frequency and a 35% decrease in outage duration. The government is implementing the National Energy Policy (NEP) to enhance energy efficiency, increase renewable energy generation to 30% by 2030, and modernize grid infrastructure, aiming for fewer blackouts and a more reliable energy system.