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Fuel Price Trends

The Impact on Your Bill
Fuel Factor Rates Update: February 2024

Dear Valued Customer, 

Fuel factor rates on February's electricity bill will reflect increases and decreases across some service territories. As average market fuel prices rise and fall, so does the fuel factor rate on your bill.

For February, the fuel factor rate for Providenciales, North Caicos, and Middle Caicos customers will decrease by 2% from the prior month's $0.2267 to $0.2220 per kilowatt hour ("kWh").

Grand Turk and Salt Cay customers' fuel factor rate will reflect a 5% increase from the prior month's $0.2033 to $0.2129 per kWh.

This month's fuel factor rate for South Caicos will become available soon. South Caicos fuel factor rate for last month (January 2024) increased by 0.36% from the prior month's $0.2300 to $0.2308 per kWh.


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