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Fuel Price Trends

The Impact on Your Bill
Fuel Factor Rates Continue To Decrease: May 2024

Dear Valued Customer, 

Fuel factor rates on May electricity bills have decreased by up to 3% across most service territories. The fuel factor rate on your bill rises and falls with market fuel prices.

For May, the fuel factor rate for Providenciales, North Caicos, and Middle Caicos customers will decrease by 3% from the prior month's $0.1858 to $0.1812 per kilowatt hour ("kWh").

Grand Turk and Salt Cay customers' fuel factor rate will reflect a 2% decrease from the prior month's $0.1904 to $0.1867 per kWh.

This month's fuel factor rate for South Caicos will become available soon. South Caicos fuel factor rate for last month (April) decreased by 3% from the prior month's $0.1988 to $0.1925 per kWh.


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