| Login In | Careers | Sitemap |
 
   
   
Click here for more information on our
100th Anniversary Year (2011)
 
 
 
  FAQs
  Bill Payments
  Billing Enquiries
  Business Hours
  Conditions of Service
  Damage to Equipment
  Fuel Clause Adjustment
  Integrated Resource Plan
  Meter Reading
  Miscellaneous
  New Bill
  New Services
  Outages
  Power Quality
  Rate Review
  Reconnections
  Reporting Problem
  Security Payments
  StreetLights
  Temporary Services
  Termination of Service
  Tree Trimming
  Access Your Account
  Contact Info
  Emergencies:
(246) 626-9000


Customer Service
(246) 626-4300

PBX:
(246) 626-1800

Fax:
(246) 228-1396
 
 
   
     
  FAQs  
 
Fuel Clause Adjustment
Why a Fuel Clause Adjustment?
Fuel is the largest item in the cost of production of electricity. Fuel prices rise and fall frequently and unpredictably and a mechanism is needed to adjust the electricity tariff other than frequent rate hearings. The costs of rate hearings are very high and are eventually passed on to the consumer. To avoid this, the Public Utilities Board (forerunner of the Fair Trading Commission) authorised the Company to use a fuel clause adjustment to deal with changes in the cost of fuel.
What is the Fuel Clause Adjustment?
The fuel clause adjustment is a mechanism designed to recover the cost of fuel oil used in the generation of electricity.
 
Month All Tariffs cents/kWh
Sep-2014 44.3201
Aug-2014 46.3592
Jul-2014 44.5352
Jun-2014 42.7069
May-2014 41.5426
Apr-2014 39.2921
Mar-2014 37.4655
Feb-2014 38.4601
Jan-2014 37.2305
Dec-2013 39.0698
Nov-2013 41.6705
Oct-2013 41.1980
What does the Fuel Clause Adjustment do?
The fuel clause adjustment adjusts the price that customers pay for each kilowatt hour of electricity as the cost of fuel used to generate electricity rises and falls.
What does the Fuel Clause Adjustment NOT do?
The fuel clause adjustment does not contribute to Light & Power's profit. All monies collected through this mechanism are paid to the oil suppliers for fuel used to generate electricity
Who monitors the Fuel Clause Adjustment?
The Fair Trading Commission is responsible for setting and monitoring the rates Light & Power charges customers. This includes checking the calculation of the fuel clause adjustment. The fuel clause adjustment for each month is published in the daily newspapers early in the month.
 
 
 
Customer Services | Business Services | Understanding Your Bill | Residential Services | Customer Tips |
| Watts New | FAQs | Corporate Information | Careers | Sitemap |
  ©Copyright The Barbados Light & Power Company Limited 2014 | Terms of Use | Privacy Policy |