Page 3 - CARILEC Electricity Tariff - March 2017
P. 3

EXECUTIVE SUMMARY

        The Caribbean Electricity Tariff Results for March 2017, published by the CARILEC Secretariat, sets out the disaggregated typical
        electricity bills in United States Dollars for the main classes of consumers, and other pertinent data for 14 CARILEC Full Member
        electric utilities that have participated in the survey.


        The  typical  electricity  bills  are  indicative  of  the  electricity  tariffs  across  the  key  classes  of  electricity  consumers  in  the  wider
        Caribbean region. The service classifications (residential, commercial, industrial, and other) of Caribbean electricity consumers are

        determined by each utility and are based on various criteria such as: the demand levels, distribution voltage levels, rate schedules,
        accounting methods, end-use applications, and other social and economic characteristics. The tariff structure/components (the number
        and nature of the charges applicable to customers) for each class of service differ somewhat across island states.


        Amid some significant and wide-ranging challenges, Caribbean electric utilities have been exploring and implementing strategies to
        enable the fulfillment of their responsibility to provide electricity to the Caribbean people in a  safe, sustainable, reliable and cost
        effective manner.



                                                       PARTICIPANTS

                                                                          PRIMARY ENERGY
                                                                                SOURCE
               UTILITY            SHORT NAME             COUNTRY
                                                                               Fossil Fuel       Renewable Energy
                                                      Curacao, Netherlands
               Aqualectra           Aqualectra                                     √                     √
                                                           Antilles
            Belize Electricity         BEL                  Belize                 √                     √
                Limited
          British Virgin Islands
          Electricity Corporation     BVIEC           British Virgin Islands       √
           Caribbean Utilities         CUC              Grand Cayman               √
             Company Ltd.
                                                       Turks and Caicos
             Fortis TCI Ltd         Fortis TCI                                     √
                                                           Islands
          Grand Bahama Power          GBPC               The Bahamas               √
               Company
           Grenada E  lectricity    GRENLEC                Grenada                 √                     √
              Services Ltd
           Guyana Power and            GPL                 Guyana                  √
               Light Inc.
          Jamaica Public Service      JPSCO                Jamaica                 √                     √
             Company Ltd
          Saint Lucia Electricity   LUCELEC               Saint Lucia              √
              Services Ltd.
          NV Energiebedrijven        NVEBS                Suriname
               Suriname                                                            √
           Trinidad &Tobago          T&TEC            Trinidad & Tobago
          Electricity Commission                                                   √

          St. Vincent Electricity    VINLEC              St Vincent &
              Services Ltd                                Grenadines               √
          Virgin Islands Water &     VIWAPA            US Virgin Islands
            Power Authority                                                        √                     √
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