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Provo Power Company (PPC) Ltd. Announces Further Bill Reductions

Provo Power Company (PPC) Ltd. Announces Further Bill Reductions 11Mar 2009

Providenciales,Turks and Caicos Islands,March 10th, 2009 - This month when customers on Providenciales, North Caicos, and Middle Caicos receive their power bills, they can expect to see another significant reduction as the Fuel Factor rate this month is 12 cents, the lowest since June 2007. This rate represents a 63% decrease from its peak in August 2008 and a 25% reduction from last month.

PPC's Vice President of Customer & Corporate Service, Allan Robinson, said "The decrease in this month's bills will be noticeable to customers, as the fuel factor rate is at its lowest in almost two years. Electricity consumers can be rest assured that PPC will continue to pass on immediately, price reductions from our fuel supplier, and as always, we encourage our customers to continue to practice energy conservation in their everyday lives.