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Fuel Price Trends

The Impact on Your Bill
Fuel Factor Rates Decline: August 2024

Dear Valued Customer, 

Fuel factor rates on August electricity bills have decreased by up to 13.6% across service territories. The fuel factor rate on electricity bills rises and falls with market fuel prices.

For August, the fuel factor rate for Providenciales, North Caicos, and Middle Caicos customers will decrease by 13.6% from the prior month's $0.1890 to $0.1634 per kilowatt hour ("kWh").

Grand Turk and Salt Cay customers' fuel factor rate will reflect an 11% decrease from the prior month's $0.1835 to $0.1636 per kWh.

This month's fuel factor rate for South Caicos will become available soon. South Caicos fuel factor rate for last month (July) decreased by 10% from the prior month's $0.1962 to $0.1768 per kWh.


 

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