The burden of paying electricity bills will be significantly reduced for 5610 pensioners with the Guyana Power and Light Company (GPL) announcing the disbursement of electricity subsidy.
All registered pensioners with active GPL accounts will benefit from a subsidy of Gy$20,000 each. The subsidy will be applied to the accounts of pensioners who completed the GPL verification process during the period July 22 to August 13. However, electricity accounts for pensioners who have completed the verification exercise after August 13 will be credited subsequently. Pensioners in Regions Two, Three, Four, Five, Six, and Seven are the beneficiaries.
The amount will be credited to their account until it is utilised based on their use of electricity. GPL will use the list of names provided by the Human Services and Social Security Ministry and match it with its own database in order to compile a database of the persons to benefit from the subsidy.
In this year’s budget, Gy$590 million was allocated for pensioners; this is in addition to the waiver of pensioners’ water bills to the Guyana Water Incorporated (GWI).