Page 26 - Annual Report 2017

Member Utilities Participation in the
CARILEC Benchmark Study

FIGURE 7- Residential Consumers Typical Bills (US$)
Figure 6 shows the participation of CARILEC member utilities in the
- Dec 2017
Uni·dimensional Benchmark Study for the period 2012·2016. For the period
2012 . 2016 there was an average of 16 participants which equals the ..s=. 40.00
i 35.00
average participation level for the study period 2011 ·2015. However, there :?
;: 30.00
was a decline in participation for the period 2014 and 2015. The 2016·2017 ...!JI!. 25.00
studies are scheduled to be conducted in 2018 in accordance with the <>
o 20.00
decision to conduct the study every two years. 15.00
10.00
5.00
Ta address the benchmarking study challenges, the Secretariat has o
committed to subsidising the cast for performing the study, and has
advanced the process to upgrade the platform to an integrated online -E 160.00
~ 120.00
(web·based) benchmarking plattorm. ~
;: BOO.OO
~ 400.00
FIGURE 6 - CARllEC Unidimensional ~ 0
Benchmark Study 2012-2016
-E 300.00
20 ~ 2SO.00
;: 200.00
15 ~ 150.00
liS 100.00
10 SO.OO
o
5
o a
YEARS 2012 2013 2014 2015 2016

Benchmark Study Website Figure 8 - Showing the 2017 Atlantic Hurricane
Season Track Map
The CARILEC Benchmark Study Website continues ta play a significant raie in
the CARILEC benchmarking initiative serving as a very useful tool for the
participating utilities. 1t offers different levels of access and facilitates on li ne
viewing and downloading of ail the results of the Benchmark studies that
have been carried out to date.
(https:llw ebsafe.kemai nc.com /Projects/Oefault.aspx?alias~websafe.kemai
nc.com/pro jects/cari 1 ec).
Electricity Tariff Survey

The CARILEC Electricity Tariff Survey forms an essential part of CARILEC's effort
to adequately inform its members, investors and other industry stakeholders
about the characteristics, behaviour and outlook of the electric utility industry
in the Caribbean region. They provide greater visibility of electricity pricing Source: https://www.nhc.noaa.gov/text/MIATWSAfshtml
across consumer segments and electric utilities in the reg ion.

The surveys, which are conducted on a quarterly basis among CARILEC Full Disaster Response
Member Electric Utilities, result in a compilation of the typical and and Restoration
disaggregated electricity bills for the key classes of consumers of
electricity in the Caribbean region. There continues to be Disaster management continues to be a key strategic
significant stakeholder interests in the CARILEC issue for the Caribbean electric utility industry.
electricity tariff survey results, as evidenced by the Disaster response and restoration assistance is one
number of requests received during the year of the many benefits afforded ta Full Members
2017. Figure 7 shows some CARILEC of CARILEC, a service which is opportune
member utilities residential/domestic during times of major disasters such as
consumers' typical bills for the month of hurricanes, earthquakes, flooding, and
Oecember 2017. volcanic eruptions.