Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) is the sole provider of electricity on Grand Cayman in the Cayman Islands. The company’s core business encompasses the generation, transmission and distribution of electric power to residential, commercial and industrial customers. Operating from Norton R. Cummings Power Plant and George Town Power Plant, Caribbean Utilities maintains a combined generation capacity using primarily diesel-fueled turbines, complemented by ongoing investments in renewable energy integration.
Founded in 1966, Caribbean Utilities has grown alongside the Cayman Islands’ economy and infrastructure. Over the decades, the company has expanded its distribution network, modernized its fleet of generation units and implemented advanced control systems to enhance reliability and operational efficiency. Regulatory oversight is provided by the Cayman Islands Electricity Regulatory Authority, under which Caribbean Utilities operates under cost-of-service principles and approved tariffs.
In addition to core power services, the company offers customer-focused programs that include energy efficiency initiatives, demand-side management and community outreach activities. Caribbean Utilities continually assesses emerging technologies, such as solar photovoltaic integration and battery storage, to reduce fuel costs and minimize environmental impact. Its distribution network spans over 230 circuit miles, supported by automated monitoring and outage-management systems to ensure rapid response and high service availability.
Governance is provided by a board of directors, and day-to-day operations are managed by a President and Chief Executive Officer supported by a senior leadership team overseeing finance, operations, regulatory affairs and customer service. Caribbean Utilities remains committed to delivering safe, reliable and cost-effective electricity while fostering sustainable growth and long-term value for its stakeholders in the Cayman Islands community.
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