Tag: CUC
CUC blames substation upgrades for power cuts
(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 […]
Growing customers boost CUC coffers
(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 […]
New street lights to help save baby turtles
(CNS): Forty special street lights have been purchased by the Department of Environment using cash from the Environmental Protection Fund to help prevent baby turtles hatching on local beaches from going the wrong way. The DoE said the new lights will be installed along roads adjacent to important turtle nesting beaches and where the most […]
MRCU using CUC meters to map inspections
(CNS): A team of disease prevention officers (DPOs) from the Mosquito Research and Control Unit (MRCU) has begun residential inspections to collect data on where the dangerous Aedes aegypti mosquito is breeding. Officials said that the DPOs are inspecting the grounds of homes for containers, whether human-made, such as buckets, tyres and cisterns, or natural, like […]
CUC reports green energy use increase of 47%
(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 […]
OfReg gives nod to CUC plan to ease off fossil fuels
(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 […]
Branson company buys Bodden Town solar farm
(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 […]
Growth in customers props up CUC earnings
(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 […]
Solar farm cuts emissions but investors lost cash
(CNS): The solar array in Bodden Town, which began generating electricity from solar panels last summer, is functioning as expected and fit for purpose, with the necessary controls and systems in place, but the investors failed to make a profit on building the plant. Some 800 homes have been fuelled by the solar energy from the […]
LED street lights to cut 195,000 gallons of diesel
(CNS): Grand Cayman’s power provider, CUC, has embarked on a major project, in partnership with the National Roads Authority, to replace the street light bulbs on Grand Cayman with LEDs (Light Emitting Diodes). Once complete, there will be a total reduction per year of 195,00 imperial gallons of diesel burnt to keep our roads and pathways […]
CUC sales boosted by 2% customer increase
(CNS): Grand Cayman’s monopoly power provider has enjoyed another profitable quarter, despite paying for improvements to the system, largely due to a 2% increase in customers. For the three months ending 30 June, the Caribbean Utilities Company (CUC) saw a $900,000 increase in earnings compared to the same period last year. The firm recorded $14.5 million in […]
