utilities
MPs to grill fuel suppliers on price
(CNS): Chris Saunders MP (BTW) successfully steered a motion through parliament last month to establish a select committee to determine how the price of fuel is arrived at here in the Cayman Islands. He said there is at least $2 charged on every gallon sold that, to date, has never been explained. Although this was […]
Parliament votes for review of electricity bills
(CNS): How CUC and Island Energy, the power company for the Sister Islands, calculate the cost of electricity bills and work out fuel charges as well as the accuracy of meter readings could be the subjects of an independent investigation after the government accepted a private member’s motion Thursday, tabled by McKeeva Bush. The debate […]
CUC still planning to burn natural gas
(CNS): CUC has announced that it is looking for qualification submissions from prospective natural gas suppliers as part of its effort to reduce the cost of energy production and carbon emissions. But the decision comes in the wake of the government’s revised National Energy Policy (NEP), which now calls for a 100% transition to green […]
OfReg finally makes telecoms warn of outages
(CNS): More than six years after the Utility Regulation and Competition Office (OfReg) was established and over three since the auditor general raised the alarm about its numerous failings, officials have confirmed new rules that require licensed telecommunications companies to notify customers of planned outages. They must also now submit detailed reports on why communications […]
Fuel cost comes down as base rate goes up
(CNS): Customers can expect to see a decline in fuel cost charges when they get their bills for June and July, CUC has said. But that could be countered by another increase in the base rate, which CUC said was verified and accepted by OfReg to roll out in June’s bills. As bills appear to […]
CUC rolls out non-renewable charging stations
(CNS): Caribbean Utilities Company is rolling out an electric vehicle charging station initiative, offering to install stations in business and residential strata car parks and to maintain them for an annual fee. Users will be charged for the power via an app. Grand Cayman’s power provider is promoting the stations as a sustainable project, but […]
CUC blames consumption for higher bills
(CNS): Caribbean Utilities Company (CUC) has said there has been no increase to the base rates on bills that were dispatched this week. Responding to customer concerns that May’s electricity bills are even more painful than usual, Grand Cayman’s power provider said there was only a marginal rise in the fuel rate, but increased consumption […]
OfReg clears more piecemeal CUC green capacity
(CNS): The Utility Regulation and Competition Office (OfReg) has given CUC the green light to release another 6MW of capacity for the Consumer-Owned Renewable Energy (CORE) and Distributed Energy Resources (DER) programmes in the continuing piecemeal approach to the adoption of renewable energy in Cayman. As the clock ticks on the government’s unrealistic goal to […]
CUC starts 2023 with profit of $5.2M
(CNS): CUC’s unaudited results for the first three months of 2023 saw the monopoly power provider start the year with a profit of $5.2 million. This was a slight drop in net earnings in the first quarter of last year due to increased financing, depreciation and other general costs. However, both sales and customers grew […]
Cayman Brac water production catching up
(CNS): The Water Authority said it has been able to increase the production of water over the last week to meet the growing demand on Cayman Brac, and its supply is now catching up with that demand. While water production has almost reached full capacity, the WA is nevertheless asking customers to continue to preserve […]
WA speeds up plans for 2nd plant on the Brac
(CNS): The Water Authority has said it is accelerating preliminary hydrogeological investigations for a new reverse osmosis (RO) plant on Cayman Brac’s Bluff as one measure to relieve water shortages on that island, especially during dry season, as is the case now. This long-term solution is expected to take two to three years to complete.
