In a radio interview on Klass FM on Thursday, 15th September, the former Minister of Economics Trade and Commerce, Mr. Kyle Hodge, was asked by DJ Hammer to share his views concerning the situation between the Government and ANGLEC.
DJ Hammer had made reference to a statement posed by ANGLEC’s CEO, Mr. Sutcliffe Hodge, which follows:
“Over the last couple of weeks, Germany has made available about 65 billion Euros to assist their citizens in coping with high cost of electricity. Over that past weekend Holland has announced that they are also assisting their citizens in a similar way to deal with energy costs and food. The United Kingdom also decided that they are going to be capping off the cost that their citizens would have to pay for their utility bills.
“ANGLEC, in Anguilla, has been trying to play Government [in this regard]. We have said, no, we cannot pass on the full cost of the fuel surcharge to our customers. We are now sort of getting penalised for that because Government is now saying to us that our liquidity may be at risk. Therefore, we have to rethink and see whether we should pass on the full surcharge cost to the consumer, and then the Anguilla Government and the British Government would need to come up with some way to supplement the electricity bills for Anguillians.
“We are experiencing that for us to be kind and compassionate to the citizens of Anguilla, we are putting ourselves at the risk of been taken over by the Governor. This is a real issue.
“As a consequence, I am in discussion with the Board right now and I am letting them know that we can no longer play compassionate, because to continue doing so, we may have to turn over the keys to Her Excellency the Governor. And that will hit our citizens hard if/when the British takes over ANGLEC.”
Former Minister, Kyle Hodge, responded: “That was a very sobering statement by the CEO of ANGLEC. Around the world and across the globe, Governments are taking measures to help their people who are struggling through these difficult times.
“The cost of fuel has skyrocketed lately. The fuel surcharge should be $1.00 plus, but our people cannot bear an increase at this time. Like the CEO said, ANGLEC has been playing Government over the years. Added to that, is the issue that ANGLEC is unable to collect the debt owed to it by Government.
“Over the years, Government has been involved in ANGLEC’s business. From time to time, they would recognise that there is a need to keep the fuel surcharge at a certain price point, because the consumers, in general, cannot afford an increase. ANGLEC has been shouldering that burden at 70 cents, when it should be $1.00 plus. The question is, for how long can ANGLEC afford to keep the fuel surcharge at 70 cents?
“If Government cannot come at the table and offer a solution for paying off some of the debt that is owed to ANGLEC, then ANGLEC will have no choice but to raise the fuel surcharge.
“I have recently heard the Premier say that administrations of the past have ignored the debt that the Water Corporation owes to ANGLEC. But that is the past. We are living in a time when, presently, ANGLEC cannot afford to be owed so much at this point.”
When asked what should be the way forward, Mr. Kyle Hodge said: “The way forward is simply for ANGLEC and Government to sit together as grown people – and as leaders of this country – and hold talks with a view of resolving the issues. This should have been done even before the Governor intervened.”