Page 27 - CARILEC Electricity Tariff - December 2014

% of Fuel
% of Fuel Fuel
cost passed % of Fuel cost in
Name of Utility cost in Fuel Surcharge Fuel Surcharge /Fuel Clause Algorithm
through to Base Rate
Surcharge Base Year
customer
Fuel Surcharge for next mth = “Avg price of fuel in the
Current Month less ( 2.5% to be absorbed by the utility
plus EC$1.4066 included in the base tariff) X the number
DOMLEC 97.5 - 97.5 -
of glns of fuel used in the current mth, ÷ the energy sold
(kwh) in the Current Mth

Varies for islands served: If the cost per gl of fuel is > or
< : $0.90 per gallon for FTCI; $0.80 per gallon for South
Caicos; $1.00 per gallon for Grand Turk the rate per KWh
charged to customers shall subsequently be increased or
FORTIS 83.1 0 100 1998 decreased by $0.0008 for each $0.01 of the amount by
which the cost per gallon exceeds or is less than the $0.90
per gallon (FTCI); $0.80 per gallon (South Caicos); and
the $1.00 per gallon for Grand Turk respectively.

GBPC 100 - - - -
GRENLEC 100 - - - -
pass through
Pass through cost ÷ energy sales for month x fuel weights
JPSCO cost÷ fuel 0 100 2014
cost applicable to each rate class.
- - - - -
LUCELEC Fuel Consumed x(Fuel cost per gal –Base Fuel cost per
100 - - 2013
gal)÷ Sales
MUL Fuel Surcharge = Gallons Used x Excess Price
100 - 100 2000
Sales
NVGEBE 100 0 - - -
SKELEC - - - - -
TTEC 90 - - -
VIWAPA 100 0 100 - Total Fuel Cost/Kwh Sold

Notes:
AQUALECTRA-100% of Fuel cost passed through to customer (Retroactive on monthly bases and based on calculation of the
Regulator.
BEC- Fuel charge not surcharge used. Full cost of fuel and associated cost passed to customers as Fuel Charge. There is no fuel
component in the base rate.

BEL -All fuel costs related to Cost of Power is passed through to the customers.

JPSCO- Pass through cost = fuel cost X (Heat Rate target/Heat rate actual) x [(1-system Losses actual)/(1- system losses target)].
Therefore, % of Fuel cost passed through to customer = pass through cost/fuel cost. (where: Fuel cost represents the applicable
sums of JPS and IPP fuel costs; Heat Rate Target represents system heat rate determined by OUR; Heat Rate Actual represents the
monthly average heat rate for the entire generation system; Losses Target represents system losses target determined by OUR; and
Losses Actual represents the recorded system energy losses including technical and non- technical losses expressed as a percentage
of system net generation at the end of each month

FORTIS-
1. FTCI: If the cost per gallon of fuel imported by the public supplier for the purpose of generating electricity is more than or less
than $0.90 per gallon, the rate per KWH charged to customers shall subsequently be increased or decreased by $0.0008 for each
$0.01 of the amount by which the cost per gallon exceeds or is less than the $0.90 per gallon.
2. South Caicos: If the cost per gallon of fuel imported by the public supplier for the purpose of generating electricity is more than or
less than $0.80 per gallon, the rate per KWH charged to customers shall subsequently be increased or decreased by $0.0008 for each
$0.01 of the amount by which the cost per gallon exceeds or is less than the $0.80 per gallon.
3. Grand Turk: If the cost per gallon of fuel imported by the public supplier for the purpose of generating electricity is more than or
less than $1.00 per gallon, the rate per KWH charged to customers shall subsequently be increased or decreased by $0.0008 for each
$0.01 of the amount by which the cost per gallon exceeds or is less than the $1.00 per gallon.

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