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Fuel Price Trends

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

Dear Valued Customer, 

Fuel factor rates on July electricity bills have increased by up to 0.5% across some service territories. The fuel factor rate on electricity bills rises and falls with market fuel prices.

For July, the fuel factor rate for Providenciales, North Caicos, and Middle Caicos customers will increase by 0.5% from the prior month's $0.1882 to $0.1890 per kilowatt hour ("kWh").

Grand Turk and Salt Cay customers' fuel factor rate will reflect a 1% decrease from the prior month's $0.1849 to $0.1835 per kWh.

This month's fuel factor rate for South Caicos will become available soon. South Caicos fuel factor rate for last month (June) increased by 1% from the prior month's $0.1950 to $0.1962 per kWh.


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