Wednesday, August 12, 2009

Electricity Costs Going Up

By Alan Markoff,
Tuesday 11th August, 2009
Caymanian Compass

The government will suspend its fuel rebate arrangement with Caribbean Utilities Company, which will lead to higher electricity costs for residential consumers.

The action will not affect commercial customers in any way, but it will lead to a higher fuel factor costs for all residential customers. For those consuming 1,500 kilowatt hours of electricity or more a month, the increase to their bill will be CI$45...see full story.

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