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Cayman Islands: OFREG approves changes to CUC consumer owned renewable energy (CORE) programme
GRAND CAYMAN, CAYMAN ISLANDS; 13 February 2019 OfReg has approved CUC’s new electricity rates for the final release of the Consumer Owned Renewable Energy programme (CORE). The final megawatt (MW) of capacity has been released with a new rate of…
Cayman Islands utility company announce new Demand Rate
CUC Announces New Demand Rates The Utility Regulation and Competition Office (“OfReg”) has approved new Demand Rates for Caribbean Utilities Company, Ltd.’s (“CUC”) large commercial customers and customers with Distributed Energy Resources (“DER”). Distributed Energy Resources (“DER”) shall include any…
Cayman Islands CORE Programme and Introduce Demand Rates
CUC and OfReg Announce New Capacity for Consumer Owned Renewable Energy (CORE) Programme and Introduce Demand Rates The Utility Regulation and Competition Office (“OfReg”) approves another 2 megawatts (“MW”) of capacity to be allocated by Caribbean Utilities Company, Ltd (“CUC”)…
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Cayman Islands utility company and government regulatory authority provide additional CORE generation
The Electricity Regulatory Authority (ERA) and Caribbean Utilities Company, Ltd. (CUC) have completed additional revisions to the Feed-in Tariffs (FITs) programme which has been in place since February 2011. CUC and the ERA have agreed to an additional 2 Megawatts…
The Editor Speaks: Don’t be fooled – Cayman is not embracing renewable energy
“Additional capacity for consumer owned renewable energy announced by Cayman Islands regulatory authority” was one of our headlines on March 31st. The story was a press release issued jointly by the Caribbean Utilities Company, Ltd. (CUC) and The Electricity Regulatory…
