Standard Billing Rates:
As of June 1, 2024, 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 | $6.56 per customer account |
Energy Charge (per kWh) | $0.1321 per kWh* |
General Commercial: Rate Class C (PrePay: Rate Class PB)
Billing Component | Rate |
Monthly Facilities Charge | $36.25 per customer account |
Energy Charge (per kWh) | $0.1474 per kWh* |
Large Commercial: Rate Class L
Billing Component | Rate |
Monthly Facilities Charge | $190.09 per customer account |
Energy Charge (per kWh) | $0.0435 per kWh* |
Monthly Demand Charge (per kW) | $10.12 per kW |
Additional Capacity Charge (per kW) | $24.48 per kW |
*Recovery of deferred base rate revenues from June 1, 2022, through December 31, 2022, will take place via a $0.0013 per kWh rate included in listed Energy Charge rates for the period of January 1, 2024, through December 31, 2024.
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 (July 1, 2023 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) |
- Eligibility limited to National Housing Development Trust applicants
- Eligiblity limited to the Cayman Islands Government, Statutory Authorities, and Government-Owned Companies applicants