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Grand Bahama Utility Company Announces application for Rate Adjustment that seeks to address pressure for residents and preserve potability 

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#Freeport, GB, The Bahamas, April 13, 2023  – The Grand Bahama Utility Company (GBUC) announces that they have made official application to the Regulatory Committee of the Grand Bahama Port Authority (GBPA) for a rate adjustment to be effective May 1, 2023, where 40% of customers see no increase.

According to GBUC Chief Operating Officer Philcher Grant-Adderley, it has been a long road to recovery since the catastrophic effects of Hurricane Dorian. “There is no denying that Dorian had a long-lasting impact – not only on our infrastructure, but most critically, on our freshwater lens. Our biggest wellfield, W6, was inundated with over 20 feet of seawater for three days and the consequences to the fresh water supply were devastating. In total, GBUC has suffered over $15M in losses as a result of Hurricane Dorian recovery efforts.”

Mrs. Grant-Adderley continued, “We added 75 new wells and were able to restore potability to 70% of the island by July 2020. After comprehensive hydrological and geotechnical surveys with local teams, the international scientific community, and NGOs, it was determined that the rate of recovery of the W6 aquifer would most likely not return to potable standard in this generation. We made the decision to invest in a $5 million, 3-million-gallon per day, mobile Reverse Osmosis (RO) system that enabled us to return full potability to the Island in December 2021.”

Grant-Adderley added that it has been a very costly exercise for GBUC as RO systems are extremely expensive to run, adding an additional $2.5 million to the utility’s annual operating costs from its commissioning in 2021. That, coupled with the approximately $2 million in uninsurable losses associated with Hurricane Dorian including over half million dollars in costs to operate the free water depots for residents and 25% discounts given to residents for water usage, has taken a significant financial toll on the utility.

“It is never a decision that a company takes lightly when discussing possible rate adjustments for customers”, said Grant- Adderley. “We know that it is not an easy message to deliver or to hear. That is why despite the incredible financial loss to the utility we have absorbed these additional costs and deferred this rate adjustment application for as long as we could. However, to continue to do so would not only be fiduciarily irresponsible but makes it impossible for us to make the additional capital investments we need to restore island pressure and maintain potability.

The COO further stated that the utility has proposed a rate adjustment with the least possible customer impact while balancing the increased cost of doing business. In the application proposal 40% of customers will see no increase in their bills, while the remaining GBUC customers will on average experience an increase of approximately $8 in their monthly bills.

Grant-Adderley added that as part of the rate case application, GBUC has budgeted over $6.5 million for capital improvement plans. This is inclusive of the construction of an additional 1.5 million gallon a day mobile reverse osmosis system which will increase island potable water capacity, further improve water quality, and address the lower pressure being experienced by residents because of the diminished freshwater lens. Other projects include a multiyear asset management program where GBUC will strategically upgrade aging infrastructure with an island wide pipe and valve change out program, a robust leak detection program, using satellite technology to reduce non-revenue water, continuation of an island wide meter change out program to smart metering and the implementation of automation of the utility’s critical systems.

Olethea Gardiner-Miller, GBUC wellfield officer, wished to remind customers that they are 100% in control of their usage. “Customers control their consumption and that’s one of the most important takeaways from the Utility,” said Gardiner-Miller. “Our rate proposal addresses key components and consumer behaviors we want to encourage. The first being to encourage environmentally conscious customers, hence no rate increase for the lower usage customers, about 40% of our base. The second being that Hurricane Dorian has significantly damaged our freshwater lens and we must learn the new normal of consuming less or we run the risk of destroying what’s left of the aquifer for us and future generations.”

The full application proposal and breakdown of rates, along with conservation tips are available on the company website www.grandbahamautility.com  and information will be shared on all social media platforms. Our Utility Relations team is ready to serve customers and can assist with affordable payment plans to help bring accounts in good standing and can be contacted via phone at 350-9009 or email utilityrelations@grandbahamautility.com.

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BAHAMAS RATING UPGRADE: A WIN—BUT NOT A FREE PASS

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The Bahamas, May 4, 2026 – With elections days away, The Bahamas has picked up a headline-friendly win: a credit rating upgrade.

Here’s the one-liner that matters most:

A higher rating can mean cheaper borrowing for the government—over time.

That’s the upside. When lenders see less risk, they demand lower interest. That can ease the cost of financing big projects and managing national debt.

But that’s only part of the story.

Moody’s Ratings has upgraded The Bahamas to Ba3 from B1, citing stronger fiscal discipline, improved liquidity and a more stable funding strategy. It also points to better tax collection, controlled spending and continued strength in tourism as key drivers.

Moody’s expects the government to maintain solid primary surpluses—essentially bringing in more than it spends before debt payments—and projects national debt to decline from 72.5% of GDP to around 68% by 2027.

That’s progress.

But here’s the reality check.

The Bahamas is still below investment grade. In plain terms, the country remains in speculative territory, meaning investors still see a higher level of risk compared to more stable economies.

Debt, while improving, is still elevated. And the economy remains heavily dependent on tourism—a sector that can shift quickly with global conditions, weather events or geopolitical shocks.

Even Moody’s signals that more work is needed. Further upgrades depend on:

  • sustained reductions in debt
  • improved debt affordability
  • and continued access to favourable financing

So while the upgrade reflects real gains, it is not a finish line.

It is a signal that the country is moving in the right direction—but must stay disciplined to keep that momentum.

For voters heading to the polls, the takeaway is simple:

The Bahamas has strengthened its financial position—but the fundamentals still need work.

The progress is real.

The challenge now is to make it last.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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VOTES SAFE, SAYS PRD AFTER BALLOT BOX FIASCO VIDEO

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The Bahamas, May 4, 2026 – The Parliamentary Registration Department is assuring the public that ballots cast during advance polling remain secure, following a viral video that sparked confusion and concern in eastern Nassau.

The footage, widely circulated on social media, showed a tense scene outside Thelma Gibson Primary School, where party supporters surrounded election officials as a ballot box was escorted to a waiting vehicle under police guard. The confrontation—loud, chaotic and closely watched—left many questioning whether proper procedures were being followed.

In response, the PRD moved to clarify.

In an official statement, the Department said the transport of ballot boxes in the Elizabeth and Yamacraw constituencies was conducted in line with established protocol. It explained that once polling concludes, the Presiding Officer is required to return sealed ballot boxes to the Returning Officer, who—accompanied by a senior police officer—then transports them to the Parliamentary Commissioner.

The PRD said it is satisfied that Returning Officer Sonia Culmer adhered to those procedures and that the ballot boxes remained sealed at all times.

But that account has been challenged.

PLP Elizabeth candidate Jobeth Coleby-Davis has called for an urgent investigation into what she described as alleged irregularities involving ballot handling. She claims that established procedures were breached, including the movement of sealed ballot boxes without the presence of party observers, and is urging authorities to review the matter.

The competing accounts have added to public unease following scenes that saw supporters from multiple political parties crowding officials during the transfer process, demanding clarity on what was taking place.

Individuals clad in PLP shirts, including incumbent Coleby-Davis swarmed the returning officer, police officers and the ballot boxes.  The charge was the woman in the crosshairs of the accusations was connected to the opposition FNM party.

There was nothing to validate this claim and there is no confirmed breach reported by election officials.

Ballots cast during advance polling are expected to remain secured until Election Day, May 12, when they will be merged with ballots in their respective constituencies and counted as part of the official tally.

For now, the PRD is standing firm on the integrity of the process—even as calls for further scrutiny grow louder.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Bahamas News

Bahamian Man Extradited to Florida on Cocaine Trafficking Charges

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USA, April 23, 2026 – A Bahamian man has been extradited to the United States to face serious drug charges stemming from alleged offences committed several years ago.

Lernis Cornish Jr. was handed over to U.S. authorities on April 17, 2026, following extradition proceedings in The Bahamas. The case was heard before Chief Magistrate Roberto Reckley, who ordered that Cornish be surrendered to American officials. Cornish did not challenge the order.

He has since been transferred to Florida, where he is expected to face trial in connection with alleged drug-related activity dating back23 to 2020.

According to reports, Cornish is accused of possession of cocaine with intent to supply and conspiracy to possess cocaine with intent to supply. Related U.S. law enforcement notices also indicate that the matter is being pursued in Collier County, Florida, where authorities have listed charges including trafficking in cocaine and conspiracy to traffic cocaine, involving quantities of 400 grams or more.

The case now falls under the jurisdiction of the Florida court system, where prosecutors are expected to advance the matter through pre-trial proceedings ahead of any potential trial.

Extradition from The Bahamas to the United States is governed by bilateral treaty arrangements, allowing individuals accused of serious offences to be transferred to face justice in the requesting country once a Bahamian court is satisfied that legal requirements have been met.

Cornish’s extradition marks the continuation of a multi-year case, moving it from preliminary proceedings in The Bahamas into the U.S. judicial system, where the allegations will now be tested in court.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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