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Fuel Price Trends

The Impact on Your Bill
Fuel Factor Rates Decrease: March 2024

Dear Valued Customer, 

Fuel factor rates on March electricity bills have decreased by up to 10% across most service territories. As average market fuel prices rise and fall, so does the fuel factor rate on your bill. 

For March, the fuel factor rate for Providenciales, North Caicos, and Middle Caicos customers will decrease by 10% from the prior month's $0.2220 to $0.1995 per kilowatt hour ("kWh").

Grand Turk and Salt Cay customers' fuel factor rate will reflect a 6% decrease from the prior month's $0.2129 to $0.1995 per kWh.

This month's fuel factor rate for South Caicos will become available soon. South Caicos fuel factor rate for last month (February) decreased by 6% from the prior month's $0.2308 to $0.2180 per kWh.

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