Tag: OfReg
Logic says outage was outside its control
(CNS): Local internet service provider Logic has said that the outage impacting its customers ahead of the arrival of Hurricane Beryl last week resulted from “technical functions within the infrastructure, outside of the control of the stakeholders involved”, but the issue has been “identified and remedied”. Officials told CNS in answer to our inquiries that […]
CEO: OfReg blocked additional CUC rate hike request
(CNS): Following backlash about the CUC base rate hike this summer, OfReg CEO Sonji Myles has said the utilities regulator had no choice but to approve the annual rate hike because it complied with the conditions of the licence. However, he said that OfReg had blocked a proposal by the power provider that would have […]
OfReg says oil tanker did not leak fuel after grounding
(CNS): The Utility Regulation and Competition Office (OfReg) has begun inquiries into the incident involving the Sea Elephant, an oil tanker that ran aground off the coast of Cayman Brac on 7 July. In a short release about the investigation, OfReg said there had been no reports of any fuel spills but the grounding had […]
CUC increases base rate on electricity bills by 3.2%
(CNS): The Utility Regulation and Competition Office (OfReg) has approved an annual base rate increase of 3.2% on CUC bills, which will come into effect on power used by customers from 1 June. The hike comes as Cayman Islands residents are struggling with the rising cost of living and after CUC saw its earnings increase […]
CUC seeks 100MW of solar energy and storage for 2027
(CNS): With an eye on the National Energy Policy targets and the increase in demand for power, CUC has made an application to OfReg for a Certificate of Need (CON) for 131 megawatts of generating capacity, which includes 100MW of solar and storage. The remaining 31MW will be generated from fossil fuels, either diesel or […]
OfReg appoints Caymanian as interim CEO
(CNS): Sonji Myles has been appointed as the interim chief executive officer of the Utility Regulation and Competition Office (OfReg). A release about the appointment said that Myles, who has been at the beleaguered institution since its controversial creation, had “experience as well as a proven track record of leadership within the organisation”a wealth of […]
OfReg blames CUC’s failings for blackout warnings
(CNS): The Utility Regulation and Competition Office (OfReg) has rejected the idea that it is to blame for the possibility of rolling power outages on Grand Cayman this summer if, as expected, demand on the grid reaches the peak of CUC’s ability to generate electricity. For some time, CUC has been warning that the island […]
Utility solar needed to avert power crisis, says CUC boss
(CNS): Richard Hew, the president and CEO of CUC, Grand Cayman’s electricity provider, has warned that the island is facing a power generation crisis because the company has surpassed its ability to meet peak demand with its existing fixed diesel generators and is currently resorting to temporary, leased machines to meet it. With the rapid […]
Flow’s service troubles continue with BT outage
(CNS): Local telecommunications provider Flow struggled with its internet service Tuesday and was forced to apologise to its customers for a broadband outage across the Bodden Town district, just days after the company apologised for problems with its phone and voice services last Thursday. The utilities regulator, OfReg, said that it had met with Flow […]
OfReg says it’s monitoring Flow’s latest service issues
(CNS): After local telecommunications provider Flow sent messages to customers that there were problems with its voice service, OfReg issued a public service message Thursday stating that it had requested information from Flow about the issues and what it is doing to resolve them. The utilities regulator said it had been provided with some information […]
Select committee created to examine fuel sector
(CNS): Planning Minister Jay Ebanks will be chairing a new committee that was established in parliament this week to look at the cost of fuel in the Cayman Islands as a result of years of erratic and, more often than not, increasing fuel costs at the sockets at home and at the pumps. Successive governments […]
