Guyana Power and Light Inc. has commenced the installation of prepaid electricity meters in the homes of Festival City and North Ruimveldt residents, and despite some hiccups the company anticipates the installation will move forward.

In recent weeks GPL has been installing prepaid meters in the homes of some top management personnel. Now the company is making the meters available to customers on a first come, first served basis.

In April Guyana prime minister Samuel Hinds said GPL was expecting to replace all existing meters serving domestic and small businesses with prepaid meters over the next eight years.

GPL is advising customers that there are enormous benefits to be derived from having prepaid meters installed in their homes, among others that they provide the ability to monitor electricity usage and put consumers in total control of the amount of energy they use. GPL also says it will provide customers with a statement of their electricity consumption either annually or semi annually to assist them to budget for their consumption.