The Water and Sewerage Authority (WASA) owes the T&T Electricity Commission (T&TEC) $800 million and the Public Utilities Ministry owes TTEC $20 million, says the Opposition UNC, which wants TTEC's rate hike review to be halted due to the total $1.4 billion in total debt owed to the utility by these and other state agencies.
UNC MP Barry Padarath gave the information at yesterday's Opposition media briefing in Port-of-Spain.
He quoted the figures owed to T&TEC from a written reply given by the Public Utilities Ministry in Parliament recently. This was on a question he posed to the ministry on the total debt owed by state agencies to T&TEC as at May, 2023. The ministry stated this totalled $1.4b.
Padarath noted the $1.4b included the sums owed by WASA and the ublic Utilities Ministry. He also said the Education Ministry owed $115m and Udecott, which falls under the Prime Minister's Office, owed $102m.
Padarath noted TTEC's application for a rate hike is before the Regulated Industries Commmission (RIC). He said the Opposition is sending a letter to the RIC today, asking if the commission has considered such debts owed to TTEC and if these were being pursued by Government to ensure these companies are in a better position to meet their costs.
Padarath noted that as part of the RIC's responsibility in determining the new T&TEC rates, they are to consider the financial situation of such companies.
He said the Opposition is calling on the RIC to note the response given by the Public Utilities Ministry on the debt figures owed to T&TEC by state agencies.
"We're calling on the RIC to halt (the rate review), as we're very much aware they've completed the rate review. They have an existing relationship with the Government and the Government is waiting for the opportune time to announce these new rates," he said.
"But we're calling on both the Government and the RIC to halt any move to increase the rates in light of this information on the $1.4 billion owed to TTEC by state agencies."
He said the UNC will also seek information on how much money is owed to WASA by state agencies.
"We'll file that question in Parliament and also as a Freedom of Information query to WASA," he said.
He said the challenge to WASA and TTEC of being "in the red" and not being self-sufficient is a direct result of state agencies not paying their bills and the state also not providing subsidies to the utilities.
Padarath speculated that this was because Government "directly attempted to drive these state companies into the ground, demonise the workers, as they did with Petrotrin, in an effort to close down them down and privatise the sector."
Public Utilities Minister Marvin Gonzales did not respond to a Guardian Media query on the ministry's $20m debt to T&TEC.