TRINIDAD AND TOBAGO ELECTRICITY COMMISSION
T&TEC HAS ALSO BEEN DEVELOPING REGULATIONS TO ALLOW FOR RENEWABLE ENERGY SOURCES TO CONNECT TO THE NATIONAL GRID.
As the sole retailer of electricity for the twin-island nation of Trinidad and Tobago, the Trinidad and Tobago Electricity Commission (T&TEC) is responsible for supplying energy at one of the lowest rates in the world. 470,000 Trinidadians can purchase COURTENAY MARK, ASSISTANT GENERAL MANAGER FOR ENGINEERING AT T&TEC.
16 | SUSTAINABLE BUSINESS MAGAZINE
electricity from the national grid at a cost of 6 U.S. cents per kWh, compared to 30 U.S. cents in many other Caribbean countries. The low cost of energy contributes to a business-friendly environment which has helped Trinidad and Tobago
achieve the third-highest GDP per capita in the Americas, after the United States and Canada. To supply energy at such a low rate, T&TEC has to keep its own costs low, which makes energy efficiency a necessity.