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Fuel Price Trends

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

Dear Valued Customer, 

Fuel factor rates on October electricity bills have increased by up to 1.8% across some service territories. The fuel factor rate on electricity bills rises and falls with market fuel prices.

For October, the fuel factor rate for Providenciales, North Caicos, and Middle Caicos customers will increase by 1.8% from the prior month's $0.1718 to $0.1750 per kilowatt hour ("kWh").

Grand Turk and Salt Cay customers' fuel factor rate will reflect a 1% increase from the prior month's $0.1627 to $0.1649 per kWh.

Click here to learn more about the Fuel Supply Chain and the impact on electricity costs in the TCI


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