Page 34 - CARILEC Electricity Tariff - December 2014

Fuel Price
Name of Utility Fuel Type(s) Fuel Supplier (US$/Barrel Basic Price Components
includes taxes)
average - Indexable and Non-Indexable Premium, Environmental
US$83.71 per Levy, Special Consumption Tax, Customs Administrative
barrel Fees.
Full year
average US$125
per barrel.
Dec month –
average
US$58.25 per US Golf Coast Average mean, Freight, Insurance,
barrel Indexable and Non-Indexable Premium, Environmental
No 6 HFO Petrojam
Full year Levy, Special Consumption Tax, Customs Administrative
average Fees.
US$93.05 per
barrel.
LUCELEC Diesel Buckeye Partners - Suppliers price + GOSL levy of EC$0.5 per imp gallon
MUL Diesel Delta Varies daily Platt’s index
NVGEBE - - - -
PetroCaribe
SKELEC Diesel - -
(PDV)
National Gas
T&TEC Natural Gas - -
Company
50% of No. 2 fuel avg. quotations for the “US Gulf Coast
Waterborne” as published by Platts plus 50% of Heating
Oil from the avg. quotations for the “US Gulf Coast
VIWAPA No. 2 VITOL $115.41
Waterborne” as published by Argus. Result then
multiplied by .42 to convert to dollars per barrel plus
$11.94 per bbl for delivery.

Notes
BEL: Fuel purchased at avg. price of US 3.31 per gallon with conversion from total gallons purchased to barrel using a factor of 42

DOMLEC: Purchases fuel in I.G, hence fuel price is reported above in US$/I.G; - the average for 2014 and for Dec 2014

Table 16: FOSSIL FUEL SUPPLY STRATEGIES AND CHALLENGES

Fuel Price
Hedging Fuel Supply Logistics And Fuel Alternatives
Name of Utility Impacts Of Fuel Price Volatility
Initiative(s) Challenges And Prospects
Adopted
Fuel is delivered to the Power
Stations by sea and road. The
Pursuing RE;
road supply is challenged
sometimes with traffic because of Negotiating a 10MW
Fluctuations in fuel price passed on solar system (to be
APUA No the size of the trucks. Also, fuel
to consumers. installed in phases and
delivery is only done in the day
at different locations).
by road for safety reasons.

As per Dec 2014 16% of the No - By 2020 200GWh
AQUALECTRA produced power was independent of wind and 100 GWh

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