Tag: power bills
Gov’t considering how to cut fuel costs and light bills
(CNS): André Ebanks, in his role as acting finance minister, said the government was considering ways to help people face the cost of living crisis and high summer power bills. But a relief programme like the one that was rolled out in 2022 would now cost around $8.6 million. Opposition Leader Roy McTaggart has called […]
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 […]
Homeowners to get free energy efficiency upgrades
(CNS): Caymanian homeowners with a household income of $4,000 or less per month are being offered free energy efficiency upgrades to their properties to help them cut costly power bills. Applications opened Tuesday for CHEER, a new project funded by the sustainability ministry that will foot the bill for insulation, seal gaps and holes, replace […]
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 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 […]
CUC rolls out 5.8% delayed base rate hike
(CNS): Residents across Grand Cayman can expect to see a significant increase in their electricity bills next month when CUC’s base rate hike, deferred from the summer, and the fuel increase, which was also delayed, are rolled out and the power provider starts to recoup the missing earnings since the deferrals. The 5.4% increase to […]
Domestic light bill subsidy extends to year-end
(CNS): The Cayman Islands Government has announced a three-month extension to the Electricity Assistance Programme (EAP) until the end of the year to help the public cope with what would otherwise have been a significant leap in monthly bills. Even though we can expect the next three months to be cooler than the last three […]
CUC defers proposed base rate hike of 5.4%
(CNS): There will be no increase in the base rate that the Caribbean Utilities Company charges customers this summer as Grand Cayman’s power provider has deferred its annual increase until January. CUC said it took the decision not to increase the base rate, which was expected to have been around 5.4%, because of the “increasing […]
Residential fuel costs capped at 15 cents per kWh
(CNS): The Cayman Islands Government has announced the start of a fuel cost credit to residents across all three islands who use between 101 and 2,000 kilowatt-hours per month capped at $0.15 per kWh, no matter how high fuel factor costs get over the summer months. Anticipating a sharp increase in power costs, the CIG […]
