Page 3 - CARILEC Electricity Tariff - March 2016
P. 3
EXECUTIVE SUMMARY
The Caribbean Electricity Tariff Results for March 2016, published by the CARILEC Secretariat, sets out the disaggregated typical
electricity bills in United States Dollars for the main classes of consumers, and other pertinent data for 11 CARILEC Full Member
electric utilities that have participated in the survey.
The typical electricity bills are indicative of the average electricity tariffs across the key classes of electricity consumers in the wider
Caribbean region. The service classification (residential, commercial, industrial, and other) of Caribbean electricity consumers is
determined by each utility and is based on various criteria such as: the demand levels, distribution voltage, rate schedules, accounting
methods, end-use applications, and other social and economic characteristics. The tariff structure/components (the number and nature
of the charges applicable to customers) for each class of service differ somewhat across island states.
Amid some significant and wide-ranging challenges, Caribbean electric utilities have been exploring and implementing strategies to
enable the fulfillment of their responsibility to provide electricity to the Caribbean people in a safe, sustainable, reliable and cost
effective manner.
