| Type | State-owned enterprise |
|---|---|
| Industry | Electric Utilities |
| Founded | 1946 |
| Headquarters | Port of Spain, Trinidad, Trinidad and Tobago |
| Area served | Republic of Trinidad and Tobago |
| Products | Electricity generation, transmission and distribution |
| Website | www.ttec.co.tt |
Trinidad and Tobago Electricity Commission (T&TEC) is the sole retailer of electricity in Trinidad and Tobago. It is responsible for the design, construction, operation and maintenance of the country's electrical transmission and distribution network. The utility supplies electric power to customers on both islands via a single interconnected grid. Electrical energy is widely been purchased, metered and feed into the national grid from independent power producers. These independent power producers are PowerGen giving a total of 1,344 MW & Trinity Power giving 225 MW total. All power stations within Trinidad & Tobago are fueled by hydrocarbons. It was formed in 1946 after the merger of independent companies. It supplies over a million residential, municipal, commercial and industrial customers.
In 2006, the United States-based Mirant Corporation facing a severe financial situation announced that part of Mirant's restructuring efforts includes the intent to sell off their part ownership of PowerGen. Following that announcement, the Government of Trinidad and Tobago placed the overall structure of T&TEC and PowerGen under review for future possible amalgamation between the two units. The companies T&TEC, Mirant and BP currently owns 51%, 39% and 10% of the PowerGen company respectively[1]. Any possible termination of the Mirant stake, is seen as opportunity to simplify the structure and relationship between the T&TEC and PowerGen companies.
More recently in October 2009 the Cove Power Station owned by T&TEC and situated in smaller island of Tobago was put into operation. This 64 MW natural gas or diesel power plant will reduce transmission losses on electric power transmission underground marine cables between both islands. In addition to upgrading bulk power to Tobago previously provided by T&TEC’s old 21 MW Scarborough Power Station which only used diesel fuel.