FUEL & IPP CHARGE

The Fuel & IPP Charge on your bill combines two factors:

  1. The cost of fuel used to generate electricity
  2. The cost of the electricity supplied by Independent Power Producers (IPPs)

Fuel cost is by far the greatest contributor to the Fuel & IPP Charge. We need approximately 20,000 barrels of oil each day to meet the daily electricity demands of customers island-wide. The company purchases this oil at world market prices which may vary each month.

IPPs supply us with more than one-third of the electricity we sell to customers. Some of the costs of the IPPs are reflected in the Fuel & IPP Charge. However, this portion of the Fuel & IPP Charge is usually very small- less than one percent.

Fuel & IPP Charges

(since January 2009)

 

 

Month   J$/kWh
May-17   16.596
Apr-17   18.50
Mar-17   19.056
Feb-17   17.732
Jan-17   17.740
Dec-16   15.556
Nov-16   15.156
Oct-16   14.565
Sep-16   15.255
Aug-16   14.235
Jul-16   12.747
Jun-16   10.841
May-16   8.078
Apr-16   7.626
Mar-16   9.436
Feb-16   9.467
Jan-16   10.670
Dec-15   11.830
Nov-15   12.490
Oct-15   11.584
Sep-15   13.749
Aug-15   14.473
Jul-15   16.764
Jun-15   16.499
May-15   15.519
Apr-15   14.670
Mar-15   18.449
Feb-15   15.760
Jan-15   19.350
Dec-14   22.514
Nov-14   23.365
Oct-14   26.812
Sep-14   26.881
Aug-14   25.795
July-14   27.546
June-14   25.537
May-14   28.109
Apr-14   24.378
Mar-14   28.828
Feb-14   24.89
Jan-14   26.48
Dec-13   26.11
Nov-13   25.208
Oct-13   27.172
Sep-13   25.804
Aug-13   22.829
Jul-13   23.265
Jun-13   22.64
May-13   24.94
Apr-13   24.35
Mar-13   26.54
Feb-13   23.03
Jan-13   22.37
Dec -12   23.88
Nov-12   23.78
Oct-12   23.81
Sep-12   21.88
Aug-12   16.75
Jul- 12   20.45
Jun-12   21.82
May-12   24.06
Apr-12   22.94
Mar- 12   22.94
Feb- 12   22.93
Jan- 12   21.12
Dec- 11   22.06
Nov- 11   21.13
Oct- 11   22.03
Sept- 11   21.7
Aug- 11   20.72
Jul- 11   22.5
Jun- 11   22.56
May- 11   21.26
Apr- 11   19.88
Mar- 11   20.5
Feb- 11   17.58
Jan- 11   17.16
Dec- 10   16.94
Nov- 10   15.61
Oct- 10   15.07
Sep- 10   14.96
Aug- 10   14.1
Jul- 10   14.37
Jun- 10   14.84
May- 10   14.89
Apr- 10   14.41
Mar- 10   16.69
Feb- 10   17.64
Jan- 10   16.8
Dec- 09   17.08
Nov- 09   14.6
Oct- 09   15.39
Sep- 09   15.44
Aug- 09   13.18
Jul- 09   14.51
Jun- 09   11.42
May- 09   9.76
Apr- 09   8.72
Mar- 09   10.02
Feb- 09   9.19
Jan- 09   8.66