Tag: CUC

CUC earnings take $4M hit from COVID-19

CUC earnings take $4M hit from COVID-19

| 03/08/2020 | 47 Comments

(CNS): Caribbean Utility Company’s earnings fell by $4.2 million during the first six months of this year when compared to 2019, as a result of the COVID-19 pandemic. Although there was significant increase in power consumed by residential customers, the closure of large commercial customers led to a major fall in sales.

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CUC boss says future of power is solar

CUC boss says future of power is solar

| 24/07/2020 | 48 Comments

(CNS): Whether solar panels in the Cayman Islands should be mainly located on rooftops or on land farms to meet the proposed energy goals may be up for debate, but Richard Hew, the CEO of Caribbean Utilities Company (CUC), is certain that the sun will provide the country’s future power needs. Appearing before the Public […]

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Homeowners snap up green energy option

Homeowners snap up green energy option

| 05/06/2020 | 44 Comments

(CNS): The Ministry of Commerce, Planning and Infrastructure (CPI) has re-allocated 700 kilowatts from the government’s Consumer Owned Renewable Energy (CORE) power capacity, paving the way for affordable and smaller homes to include solar panels and allowing more people in the community to use renewable energy while remaining on the CUC grid. The policy change […]

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CUC won’t cut power in April

CUC won’t cut power in April

| 25/03/2020 | 4 Comments

(CNS): Caribbean Utilities Company (CUC) has said that it will not cut power to any customer who is be having difficulty paying their bills throughout the month of April. Previously the power company that supplies electricity across Grand Cayman had only suspended disconnections until the end of March, while offering credit facilities on a case […]

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CUC may still cut power despite pandemic

CUC may still cut power despite pandemic

| 18/03/2020 | 16 Comments

(CNS): Government has claimed to have secured commitments from utility providers in Cayman not to deprive people of these essential service as the country faces the COVID-19 pandemic. But CUC has only made a very limited to commitment to keeping people’s power on. In a statement Wednesday it said that it would not cut electricity […]

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Profits roll in for CUC as sales and customers grow

Profits roll in for CUC as sales and customers grow

| 17/02/2020 | 50 Comments

(CNS): Grand Cayman’s monopoly power provider, Caribbean Utilities Company (CUC), enjoyed another profitable year in 2019, driven by a surge in the number of customers and rising temperatures causing increasing use of air-conditioning. CUC sales increased by 6% to over 30,500 customer, and it now supplies the largest number in its history. Shareholders enjoyed a […]

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CUC’s CORE programme closed to new clients

CUC’s CORE programme closed to new clients

| 20/01/2020 | 52 Comments

(CNS): CUC has revealed its Consumer Owned Renewable Energy (CORE) programme is now fully subscribed and closed to new private customers. The quota for the initiative, designed to encourage people to produce their own renewable energy while staying on the grid, is full except for one remaining megawatt allocated to the public sector. This means […]

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25,000 customers hit by CUC power cut

25,000 customers hit by CUC power cut

| 13/01/2020 | 31 Comments

(CNS): A widespread power outage across Grand Cayman on Sunday afternoon impacted the majority of CUC customers for as long as two and a half hours in some areas. CUC officials confirmed that over 25,000 customers from West Bay to East End experienced interruptions to their electricity supply from around 4:50pm until around 7:30pm. While […]

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CUC warns owners over trees after pole fire

CUC warns owners over trees after pole fire

| 07/01/2020 | 57 Comments

(CNS): The local power provider on Grand Cayman said trees close to power lines need to be properly maintained and owners must not to plant new ones within ten feet of electrical lines, as they represent a significant safety hazard . The warning from Caribbean Utilities Company (CUC) comes after one of its utility poles […]

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Lightning triggers tree and pole fire

Lightning triggers tree and pole fire

| 06/01/2020 | 9 Comments

(CNS): CUC and Cayman Islands Fire Service crews battled a dramatic fire near to condos at Lime Tree Bay off the Esterly Tibbetts Highway on Saturday evening after lightning struck a tree, which caught fire and in turn set a utility pole ablaze.

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CUC’s new LED streetlights failing

CUC’s new LED streetlights failing

| 29/11/2019 | 27 Comments

(CNS): Caribbean Utilities Company (CUC) has revealed that its new streetlights are failing and it is working with the manufacturer to upgrade to a more robust design. In a press release, CUC said that an “abnormal number” of the new LED lights have been flickering continuously due to failing photocell activated switches. This premature failure […]

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