Topic: CORE

Utilities watchdog OfReg has approved an increase in how much owners of renewable energy systems are paid to add power to CUC's grid, following what the regulator described as "lacklustre" demand for the existing programme.

Utility regulator OfReg has released 3 megawatts (MW) of additional distributed energy-generation capacity to two programmes that allow Caribbean Utilities Company customers to connect their small-scale solar systems or wind turbines to the electricity provider’s distribution system.

The Caribbean Utilities Company and industry regulator OfReg have launched two separate studies to determine what is a fair price for solar providers and customers.

OfReg, Cayman’s utility regulator, is commissioning a study on the value of solar energy to the Cayman Islands.

The Caribbean Utilities Company has halted its residential renewable energy programme, which allowed customers to sell solar-generated energy back to the power company at a subsidised rate.