Energy subsidies are widespread around the world but they vary greatly in importance and type of fuel and country. The fossil fuel consumption rate is growing every year and in about 50 years we will have depleted most of our fossil fuel reserves, so it is necessary to find alternative sources of energy before that happens. However, the only solution to this challenge is through investment on energy conservation programmes and renewable energy source. In line with this challenge and confusion on fund appropriate for energy. This paper is aimed at examining the effect of energy subsidy on energy conservation and renewable energy in developing countries. The study intends to quantify and analysis a case study of Trinidad and Tobago energy [...]