June 21, 2021

Cayman Islands: OFREG approves changes to CUC consumer owned renewable energy (CORE) programme

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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 CI$0.28 per kilowatt hour (kWh)  for smaller systems of up to 5 kW and CI$0.24 […]

Cayman Islands utility company announce new Demand Rate

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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 customer’s on-site generation from renewable energy resources used to supply some, all or more than […]

Cayman Islands CORE Programme and Introduce Demand Rates

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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”) to the Consumer Owned Renewable Energy (CORE) programme. The CORE programme’s previous limit of 6 […]

Cayman Islands utility company and government regulatory authority provide additional CORE generation

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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 (MW) of available CORE capacity effective May 1st 2016. With this revision to the programme, […]

The Editor Speaks: Don’t be fooled – Cayman is not embracing renewable energy

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“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 Authority (ERA) of the Cayman Islands. It proudly heralded the news that Additional Capacity for […]