Standard Billing Rates (Effective January 1, 2021)

Standard Billing Rates:

As of January 1, 2022, the below are the billing rates in effect for the standard service rate classes - residential (Rate Class R), general commercial (Rate Class C) and large commercial (Rate Class L).

 

Residential: Rate Class R (PrePay: Rate Class P)

Billing Component Rate
Monthly Facilities Charge $5.82 per customer account
Energy Charge (per kWh) $0.1159 per kWh*

 

General Commercial: Rate Class C (PrePay: Rate Class PB)

Billing Component Rate
Monthly Facilities Charge $32.14 per customer account
Energy Charge (per kWh) $0.1295 per kWh*

 

Large Commercial: Rate Class L

Billing Component Rate
Monthly Facilities Charge $168.53 per customer account
Energy Charge (per kWh) $0.03740 per kWh*
Monthly Demand Charge (per kW) $8.98 per kW
Additional Capacity Charge (per kW) $21.70 per kW

*Recovery of extraordinary COVID-19 costs, inclusive of deferred base rate revenues from June 1, 2020 through December 31, 2020, will take place via a $0.0026 per kWh increase to listed Energy Charge rates for the period of January 1, 2021 through December 31, 2022.

 

Definitions:

  • kWh - kilowatt-hours (energy consumption)
  • kW   - kilowatt (power demand)

Notes:

The above rate schedules does not include the following:

  • Charges for fuel costs and government fuel duty
  • Charges for renewable energy purchased from Power Purchase Agreements and CORE/DER Agreements
  • Licence and regulatory fees
  • Charges for optional services, such as Security Lighting (Dusk to Dawn Lighting). These charges are added to billing statements separately, as applicable

 

Customer Owned Renewable Energy (CORE) Credit Rates

For CORE customers approved under the most recent Agreement Terms (December 6, 2021 Revision):

Installed System Capacity (kW AC) CORE Credit Rate (per kWh)
0 kW - 5 kW -$0.175 per kWh
5 kW - 10 kW -$0.15 per kWh
 
0 kW - 5 kW (NHDT¹) -$0.28 per kWh (NHDT Only)
0 kW - 100 kW (Public Sector²) -$0.21 per kWh (Public Sector Only)
  1. Eligibility limited to National Housing Development Trust applicants
  2. Eligiblity limited to the Cayman Islands Government, Statutory Authorities, and Government-Owned Companies applicants
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