The High Court has granted the Barbados Light and Power Company a stay of the Fair Trading Commission’s ruling which denied the power company a request for a rate hike.

Last month the FTC announced that it would not be granting Barbados Light and Power the full electricity rate increase it had been seeking for the past two years.

Chairman of the FTC’s rate hearings, Dr. Donley Carrington, said a decision on exactly what customers would be required to pay would come before Christmas and in the meantime, the interim rates in place since September last year would continue.

But, Barbados Light and Power has made good on its promise to mount a legal challenge to the FTC’s ruling.

The company’s attorney, Senior Counsel Ramon Alleyne, briefed Starcom Network News on the outcome of this morning’s high court hearing before Justice William Chandler.

He explained the company’s next step.

Attorney Senior Counsel Ramon Alleyne.