utilities
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.
Minister aims to improve utility provision
(CNS): Infrastructure Minister Jay Ebanks, who has taken over responsibility for OfReg, the beleaguered utilities regulator, has said he wants to ensure its remit is clearly defined and it is empowered to deliver on that remit so that it can improve the utility services delivered by operators. OfReg oversees water, fuels, energy and telecommunications, which […]
CORE rates for solar are fair to all, says CUC
(CNS): Grand Cayman’s power provider has said it will not increase the rates it currently pays for solar energy generated by customers in its CORE programme. Responding to a statement by the Cayman Renewable Energy Association, CUC said it is not against rooftop consumer solar but it “does not support paying inflated prices for energy” […]
CUC profits rack up as usage and customers grow
(CNS): More people burned more power in more places last year, especially during the summer, which turned into a growth in earnings for the Caribbean Utilities Company in 2022. As a growing number of households struggle to find the money to keep their air-conditioners on, Grand Cayman’s power provider made almost $3 million more last […]
