Cayman Islands electricity prices

Cayman Islands
Electricity prices
 Residential price 0.423
 Business price 0.384
 Measure USD / kWh
 Reference June 2023
 Data availability March 2019 - December 2023
 Data frequency Quarterly
Cayman Islands, June 2023: The price of electricity for households is KYD 0.352 per kWh or USD 0.423 per kWh. The electricity price for businesses is KYD 0.320 kWh or USD 0.384 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.155 per kWh for households and USD 0.151 per kWh for businesses. We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from December 2023 are available for download.
Electricity prices for households, June 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.008
0.013
0.014
0.014
0.015
0.015
0.015
0.017
0.024
0.024
0.026
0.028
0.029
0.029
0.029
0.030
0.032
0.038
0.040
0.044
0.046
0.046
0.047
0.047
0.048
0.048
0.049
0.052
0.052
0.052
0.055
0.057
0.058
0.059
0.060
0.067
0.067
0.075
0.075
0.076
0.078
0.078
0.080
0.083
0.090
0.090
0.090
0.092
0.092
0.096
0.096
0.097
0.104
0.108
0.108
0.111
0.111
0.112
0.113
0.114
0.116
0.116
0.118
0.118
0.119
0.120
0.122
0.124
0.127
0.128
0.134
0.135
0.137
0.142
0.145
0.150
0.152
0.155
0.157
0.157
0.157
0.163
0.164
0.165
0.166
0.168
0.170
0.173
0.175
0.175
0.178
0.181
0.184
0.189
0.190
0.191
0.192
0.197
0.198
0.199
0.199
0.202
0.203
0.204
0.205
0.209
0.209
0.209
0.217
0.217
0.220
0.224
0.227
0.231
0.234
0.234
0.238
0.240
0.240
0.243
0.250
0.252
0.252
0.256
0.267
0.288
0.309
0.311
0.317
0.333
0.334
0.346
0.348
0.363
0.398
0.405
0.414
0.418
0.423
0.429
0.449
0.467
0.513
0.524
0
0.1
0.3
0.4
0.52
Sources: Caribbean Utilities Company, Ltd. (CUC), The Utility Regulation and Competition Office (OfReg)
Cayman Islands: Electricity price analytics
   Values
 Residential / World average price    2.71
 Business / World average price    2.48
 Residential / Business price    1.10
 Low / High consumption, residential    1.32
 Low / High consumption, business    1.10
Updated quarterly. Methodological notes
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