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CUC blames substation upgrades for power cuts

CUC blames substation upgrades for power cuts

| 28/05/2019 | 23 Comments

(CNS): An increase in the amount and length of power cuts and number of customers affected recently is due to upgrades CUC has been undertaking at various substations on Grand Cayman, according to the power company. With the exception of North Side, customers east of Prospect have experienced above normal levels of outages over the […]

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Growing customers boost CUC coffers

Growing customers boost CUC coffers

| 02/05/2019 | 15 Comments

(CNS) UPDATED: A 4% increase in sales along with lower costs and finance charges resulted in a boost in earnings for Grand Cayman’s monopoly power provider during the first quarter of this year. In the first report of 2019 CUC recorded net earnings of $4.5 million, an increase of $1.8 million on the same period […]

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Cell-phone service disrupted at KAABOO

Cell-phone service disrupted at KAABOO

| 25/02/2019

Any idea what the issue was with Flow at KAABOO over the weekend? I couldn’t call, text or email with my service. Everyone I know with Flow had the same issue. We ended up leaving early as we were unable to contact our sitter and my wife was concerned. I presume there were no shenanigans […]

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CUC reports green energy use increase of 47%

CUC reports green energy use increase of 47%

| 18/02/2019 | 4 Comments

(CNS): Renewable energy on the CUC grid grew by 47% last year, according to the annual report of Grand Cayman’s monopoly power provider. At the end of the year, 343 of its near 30,000 customers connected almost 5,000 kilowatts of renewable capacity with the Customer Owned Renewable Energy (CORE) programme. Along with 5MW from the […]

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OfReg gives nod to CUC plan to ease off fossil fuels

OfReg gives nod to CUC plan to ease off fossil fuels

| 16/01/2019 | 19 Comments

(CNS): The utilities regulator, OfReg, has accepted a plan submitted by the Caribbean Utilities Company (CUC) that sets out a road-map for future energy use and a transition from a fossil fuel based portfolio to one dominated by renewable energy, introducing natural gas and increasing the storage and baseload of renewable generation technologies. The plan was prepared by […]

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Branson company buys Bodden Town solar farm

Branson company buys Bodden Town solar farm

| 10/01/2019 | 48 Comments

(CNS): BMR Energy, a regional sustainable clean energy company that is now owned by Sir Richard Branson, has acquired the 5MW solar plant in Bodden Town from Entropy Cayman Solar Ltd. According to a press release from the Virgin Group company, it will now take over the operations of the utility-scale solar project and the […]

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OfReg tries to steer CUC to reward renewables

OfReg tries to steer CUC to reward renewables

| 28/12/2018 | 27 Comments

(CNS): The Utility Regulation and Competition Office (OfReg) has approved changes to Caribbean Utilities Company’s terms of service that create more choices and promote the use of renewable energy. The revisions to Grand Cayman’s monopoly power provider’s service terms impacts how consumers acquire electricity and what they pay for it. Customers can continue to consume as they always have […]

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OTEC refutes OfReg CEO’s claims over cost

OTEC refutes OfReg CEO’s claims over cost

| 13/12/2018 | 49 Comments

(CNS): Cayman OTEC International Ltd, a company proposing to build an ocean thermal energy conversion plant of the North Coast of Grand Cayman, has said the acting CEO of OfReg, Gregg Anderson, was incorrect when he told Finance Committee recently that the project rate is too high to be viable. In a press release from the company about […]

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OfReg under fire after $2M cash injection

OfReg under fire after $2M cash injection

| 27/11/2018 | 51 Comments

(CNS): The premier has admitted that the office created to regulate utilities has encountered a number of teething problems and has needed much more money than anticipated since its creation some two years ago. Outlining the need for more than $2 million in additional appropriations for the Utility Regulation and Competition Office (OfReg), the premier […]

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Profits flow in for private water company

Profits flow in for private water company

| 09/11/2018 | 41 Comments

(CNS): The president and CEO of Consolidated Water, Frederick McTaggart, reported in the company’s latest financial report that it enjoyed a double-digit increase in gross profit across all business segments in the third quarter of this year. The company, which operates desalination plants here and around the region and also supplies water to the West […]

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Growth in customers props up CUC earnings

Growth in customers props up CUC earnings

| 05/11/2018 | 16 Comments

(CNS): An increase in the number of customers for CUC helped to keep the monopoly power provider’s earnings up in its third quarter results for the year after slightly cooler and wetter average weather. An increase in fuel costs saw customers cutting back on consumption, which also impacted sales. The client base increased by 567 customers to a […]

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Cayman Turtle Centre