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Solar Provider Proposes Direct Power Sales to Offset WAPA’s $4.5 Million Debt

  • Janeka Simon
  • September 12, 2024

BMR Energy, facing mounting unpaid debts from the Water and Power Authority, has proposed a new plan to sell electricity directly to large consumers in the Virgin Islands. During a Public Services Commission meeting on Tuesday, BMR CEO Bruce Levy warned that without consistent payments from WAPA, the company's financial survival is at risk, leaving the territory with limited options to keep solar energy flowing. As discussed during the June PSC meeting, BMR Energy presented commissioners with a proposal to sell the electricity they produce from the Spanish town and Donoe solar plants directly to consumers, as a bid to remain commercially viable in the face of mounting arrears from the Water and Power Authority. A formal hearing on the matter was postponed to next month, as WAPA’s counsel indicated that she was not prepared to participate in that process. However Bruce Levy, BMR’s CEO presented his case to the Commission. “We’ve been delivering power, and WAPA has not been able to pay...

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