Privatization of the Power Utility in the Bahamas

Abrupt power outages that lasts for hours and hours, damaged electronic goods and appliances due to constant power surges and irate local folk that perhaps would not prefer to bear the blazing heat during the hot summer nights; these are all adverse effects imposed on innocent electricity consumers due to apparent deficiencies and inefficiencies at the publicly owned power utility in The Bahamas. Energy privatization has been part and parcel of a recent world trend that has placed greater reliance on market forces and less dependence on government in the allocation of resources. …