Topic: CUC
50 years ago: Tragedy at sea, CUC offer and Compass decides to go twice...
The top article in the Caymanian Compass on 8 April 1976 was about an explosion on a boat, ‘Soto Trader’, which caused two men to lose their lives: chief engineer Hugh Bush, 55, of Bodden Town, and second engineer Alan ‘Barracho’ Moore, 49, of George Town.
50 years ago: CIG to buy shares in Turtle Farm; CUC’s new manager; politics...
The top article on the front page of the Caymanian Compass on 18 March 1976 was news from the United Kingdom on the nomination of ministers to take the place of Harold Wilson, Labour Party leader and prime minister of Great Britain.
CUC and regulator reach agreement on additional power capacity
The electricity regulator has approved a 'certificate of need' proposal by the Caribbean Utilities Company, bringing to an end a dispute that had delayed bids for new power generation on Grand Cayman.
50 years ago: Kirkconnell wins by-election, CUC staff pay rise, telco rate increase
The top article in the 12 Feb. 1976 issue of the Caymanian Compass was on a by-election which Captain Charles Kirkconnell won by 10 votes.
Premier: Reducing energy prices key to cost-of-living challenge
Government is seeking to tackle high energy costs as part of a broader effort to ease mounting cost-of-living pressures in Cayman.
Premier André Ebanks, speaking...
50 years ago: CUC, Caledonian Farms, telco rates and Brac by-election
The top article in the 5 Feb. 1976 issue of the Caymanian Compass was on CUC workers threatening to strike.
50 years ago: Marooned sailors found, CUC blackouts and Cayman Trough project
The top article in the 29 Jan. 1976 issue of the Caymanian Compass reported ‘Marooned Sailors Reach Cayman" and described the anchoring at the Holiday Inn of the 52-foot ketch called 'Poco Loco', which arrived from Swan Islands where the crew members spent 11 days having the rudder repaired and refuelling for the trip to Cayman.
CUC opens applications for 2026 scholarship programme
Caribbean Utilities Company, Ltd. (CUC) is pleased to announce that applications are now open for its 2026 Scholarship Programme and Summer Vocational Internship Programme.
CUC issues urgent request to supply more power
The Caribbean Utilities Company has issued a new proposal to swiftly address an urgent shortage in Cayman's power supply and to allow large-scale solar and battery projects to be considered as part of the mix.
CUC Primary Football League set to return
Excitement for fall football is building with the imminent commencement of the CUC Primary Football League (PFL) and Girls’ Primary Football League (GPFL) on 20 Sept.
Cayman issues historic tender for utility-scale solar project
The Utility Regulation and Competition Office has launched the largest utility-scale solar and battery storage project in Cayman's history.
CUC attributes energy bill decrease to infrastructure investment
Caribbean Utilities Company residential customers should expect to see a 9% decrease in their July energy bills compared to the same month last year.
Middle East conflict highlights Cayman’s energy fragility
Learn how tensions in the Middle East impact energy prices and the potential economic consequences for Cayman.
CUC argues in court against release of costs and renewable energy studies
Caribbean Utilities Company is battling in court to prevent the release of two studies that give information about its costs and the capacity of Grand Cayman's power grid to add renewable energy.
Power struggle: Solar could slash power costs, so why is Cayman doubling down on...
Caymanians could miss out on huge savings and the islands will struggle to meet clean energy targets if a plan for new fossil fuel powered generators goes ahead.
CUC recognised for energy storage project
Caribbean Utilities Company, Ltd. was recognised for the Best Large Scale Energy Storage Project at the Caribbean Renewable Energy Forum Conference held 7-9 May in Miami.
Sparks fly as CUC and regulator clash over power generation capacity
Cayman's utilities regulator has approved a proposal by power firm CUC to add more generation capacity in a bid to avoid blackouts - but with fossil fuels rather than green energy.
Solar power study released after lengthy open records push
Following years of pressure, a report by the utility watchdog OfReg recommending how much customers should be paid for generating solar power for national use has been released.
Lower average electricity bills in January, says CUC
Electricity producer Caribbean Utilities Company says that average household bills for January should be less than at the start of 2024 as lower rates kick in.
Grand Cayman hit by widespread power outage
More than 13,500 homes and businesses were without electricity late Wednesday morning as large swathes of Grand Cayman experienced power outages.
Rate hike for solar panel owners adding to power grid
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.
CUC boss predicts renewable switch will slash bills within 5 years
Homes and businesses can expect up to $40 million in cost savings annually as the Cayman Islands begins its transition to renewable energy over the next few years, utilities boss Richard Hew has claimed.
Regulator says it rejected second CUC rate increase
Utilities regulator OfReg says it has refused to approve a rate increase for CUC as it sought to correct the record on its role in the recently announced retroactive bump in rates from the power company.
CUC retroactively increases rates by 3.2%
Caribbean Utilities Company has announced a 3.2% retroactive rate increase effective as at 1 June.
OfReg accuses CUC of breaching licence over rolling blackout plans
Utilities regulator OfReg has accused Cayman's monopoly power supplier, Caribbean Utilities Company, of being in breach of its licence for failing to predict and respond accordingly to growing electricity demand on Grand Cayman.
CUC receives Green Diamond Award for Recycling Excellence
Caribbean Utilities Company in collaboration with Cadwell Inc. proudly announces a groundbreaking achievement in environmental stewardship — the successful recycling of an impressive 2,784,712 pounds of scrap metal, cable and transformers.
Here comes the sun? Cayman to go fully solar within 20 years
Cayman’s ambitious new energy policy seeks to get rid of fossil fuels and petrol-powered cars within a generation, transforming the island to 100% clean energy and electric vehicles.
CUC: Solar power only way to reduce fuel factor costs
The Caribbean Utilities Company says large-scale solar projects are the only way to reduce expensive fuel factor costs facing Cayman's growing population, and it hopes to reduce those costs by 50% in the next six years.
CUC seeks court order to block release of costs report
CUC is seeking court action to block the public release of a pair of reports containing details of its costs and the capacity of the Cayman Islands power grid to add new renewable energy.
CUC employee Sheera Gooding powered by progress
As CUC's wayleave coordinator, Sheera Gooding plays an important role in bringing power and streetlights into local communities, and the mother-of-three says she is pleased to be part of Cayman's progress.
Salt contamination remains a concern as CUC outages continue
Thousands of CUC customers were left in the dark Sunday night after a utility pole caught fire in the Industrial Park area in George Town.
Nor’wester saltwater damage triggers power outages
Caribbean Utilities Company says electricity lines suffered "severe salt contamination" after last week’s nor’wester battered Grand Cayman's western coast, which triggered several recent outages.
‘Conflict of interest’ concern over CUC’s renewable energy bid links
Concerns have been raised over conflicts of interest for Grand Cayman’s monopoly utility company CUC as the island attempts to accelerate its transition to renewable energy.
CUC’s net earnings increase by 34%
Caribbean Utilities Company's net earnings saw a 34% increase during the third quarter of 2023, compared to the three months from July to September 2022, according to its latest financial report.
CUC confirms ‘small electrical fire’ at North Sound plant after island-wide outages
More than 16,000 CUC customers on Grand Cayman were left without power shortly after 5pm Sunday following island wide outages.
MPs vote in favour of investigating high fuel prices
Lawmakers have voted in favour of establishing a government committee to review the cost of fuel in the Cayman Islands.
MPs vote for independent investigation of high electricity bills
West Bay West MP McKeeva Bush, stating his electricity bill tripled over two months this summer to more than $4,000 and led to him being put on a repayment plan, has called on lawmakers to investigate how local power companies bill their customers.
Clean-energy advocates voice concern over natural gas
Caribbean Utility Company’s latest moves towards using natural gas as part of its energy production have sparked concerns over fuel cost, sustainability and required infrastructure.
CUC plans to use natural gas in energy production
Cayman’s sole electricity producer is making moves to incorporate the burning of natural gas in its energy generation as part of plans to reduce power bills and become more eco-friendly.
Power bills are soaring – here’s why
Residents across Cayman were left shocked by last month's power bills, the latest in a round of crippling cost-of-living challenges, but CUC and OfReg insist high temperatures not high profits are to blame for storing bills.
West Bay businesses angry after power cut off ‘without warning’
When staff at Tukka West Bay arrived for work Monday morning they found the lights out, the fridges off and the ice cream starting to melt in the freezers.
Business in brief: CIMPA, CUC, Saffery Trust, DCI
Following itsl annual general meeting, the Cayman Islands Marketing Professionals Association (CIMPA) has announced a new board to oversee the organisation’s operations for the next two years.
Deferred electricity rate increase takes effect
Caribbean Utilities Company customers will see an increase in the base rate of their electricity charges on their bills this month.
CUC, OfReg reviewing solar programmes
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.
CUC closes US$80 million debt offering
Caribbean Utilities Company has closed an US$80 million debt offering in the form of 5.88% senior unsecured notes due 15 Nov. 2052.
CUC grows customers and sales as consumers try to conserve energy
CUC has grown the number of customers and sales in the third quarter but a marginally lower average electricity use by residential customers shows consumers are attempting to conserve energy.
Government extends electricity cost assistance through December
Government has announced a three-month extension of its Electricity Assistance Programme (EAP) until December.
Businesses fight to keep the lights on as costs rise
Low unemployment and a post-COVID recovery suggest a rosy picture for Cayman’s business community. But rising costs – particularly for shipping, electricity and labour – have wiped out profit margins and stunted the economic comeback.
Wärtsilä to provide energy-storage systems to CUC
Caribbean Utilities Company has signed an agreement with technology group Wärtsilä to supply two 10-megawatt energy-storage systems.
$1.2m spent for gov’t electricity-assistance programme
CUC President and CEO Richard Hew has said $1.2 million has been spent thus far in the government-funded electricity relief programme which commenced in July.
Government launches electricity bill relief programme
Government has announced a multi-million dollar relief package to help cover the rising costs of electricity for Cayman Islands residents.
‘Worse to come’ on power bills as fuel prices soar
Cayman Islands residents are being warned to prepare for a long hot summer of rising electricity bills.
CUC shareholders approve directors, amendment of articles
Caribbean Utilities Company announced that the nominees listed in a notice to shareholders on 11 March were elected as directors of the company.
CUC reports more customers, higher net earnings in Q1
Caribbean Utilities Company has increased its customer base by 869 customers, or 3%, to 32,365 in the first quarter of 2022.
Here comes the sun: CUC reveals ambition for six solar farms
Caribbean Utilities Company hopes to build as many as six major solar farms in an effort to slash Cayman’s carbon emissions, meet renewable energy targets and cut the cost of electricity.
CUC: Renewable energy investment will cut power bills
Massive investment in large scale renewable energy projects in Grand Cayman over the next decade will help control escalating electricity bills, according to the Caribbean Utilities Company.
Business in brief: Maples, CUC, Acumen
The Maples Group has announced a new three-year partnership with the non-profit Central Caribbean Marine Institute.
COVID cases among CUC staff lead to head office closure
CUC has closed its doors to in-person customer service at its North Sound headquarters as the ever increasing cases of Omicron and COVID-19 impact its staff.
Sunny side up: Hi-tech solutions for powering homes
As Tropical Storm Grace lashed Grand Cayman on 18 Aug., electricity across the island went out, leaving most residents to sit out the strong winds and rain in homes with no lights and no air conditioning. But at a handful of homes, when the CUC power blinked off, Tesla Powerwall batteries snapped into action in a fraction of a second.
Tripped generators lead to short widespread power outage
A widespread power outage across Grand Cayman this afternoon briefly left more than 15,600 Caribbean Utilities Company customers without electricity.
CUC chips away at remaining outages; 600 remain without power
Up to 1,131 Caribbean Utilities Company customers remained without power in Grand Cayman, CUC confirmed on Friday, adding that they are unlikely to see resumption of service until late into the night.
Fuel-price rebound means higher electric bills
Diesel fuel prices, which plummeted during a series of coronavirus lockdowns across the globe last year, are on the increase, meaning higher electricity bills for consumers in Cayman.
CUC: Outages caused by failed power-line insulators
Widespread power outages on Grand Cayman Saturday, which knocked out power for more than 16,000 customers at one point, were caused by separate failures of insulators on transmission lines, the Caribbean Utilities Company said.
Flow lines cut: OfReg ‘gravely concerned’ by loss of service
OfReg CEO Malike Cummings has said he is "gravely concerned" by the negative impact on consumers who lost telecom service over the weekend when CUC removed the Flow cable lines from its poles.
CUC cuts Flow’s ‘unauthorised’ telecom connections from 14 sites
Caribbean Utilities Company has removed Flow's "unauthorised attachments" from its poles over the weekend, causing service disruption for the telecom provider's customers in the eastern districts.
Consumers to see higher electricity bills
Consumers are likely to face higher electricity bills starting this month after Caribbean Utilities Company (CUC) raised its base rates by 6.6%.
Resilience Cayman offers utility relief
Eligible low-income Caribbean Utilities Company customers who are struggling to pay their electricity bill can now apply for a grant under an initiative launched by Resilience Cayman.
Power restored to customers after East End pole fire
Electricity has been restored to most of the customers impacted by this morning's power outage in East End, the Caribbean Utilities Company reported.
CUC raises $47.8M with rights offering
Caribbean Utilities Company has completed a rights offering, which invited existing shareholders to buy more shares of the utility provider, raising US$47.8 million.
$20,000 green home makeover offered in competition
Government and the Caribbean Utilities Company today launched a competition in which one household will win a $20,000 energy-efficient makeover of their home.
CUC: Power outages expected overnight
Caribbean Utilities Company says it expects that customers will experience power outages overnight as Tropical Storm Delta impacts the Cayman Islands.
Business in brief
Employees of Caribbean Utilities Company have authorised CUC to donate monthly deductions from their salaries to the Needs Assessment Unit.
