Fuel Clause Adjustment
The FCA is calculated monthly as the sum of the previous month’s cost of energy purchased and cost of fuel consumed, plus any cumulative over and under recovery divided by the kWh sales of the previous month.
What is the Fuel Clause Adjustment?
The Fuel Clause Adjustment (FCA) was originally established in 1965 for commercial and industrial customers and extended to include all customers in 1974. The FCA is approved by the Commission as a mechanism for the Barbados Light & Power (BLPC) to recover the cost of fuel used in the production of electricity. The cost of fuel purchased is recovered and applied equally to all customer groups through the FCA charge. Changes in the FCA are influenced mainly by movements in the purchase price of fuel.
The FCA is calculated monthly as the sum of the previous month’s cost of energy purchased and cost of fuel consumed, plus any cumulative over and under recovery divided by the kWh sales of the previous month. The cost of energy purchased includes energy purchased from renewable energy resources.
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.
Fuel Clause Adjustment Rates
For The Month
Cents (KWh)
March 2024
35.2730
February 2024
33.0075
January 2024
33.0075
December 2023
36.6750
November 2023
40.7500
October 2023
44.6863
September 2023
39.6972
August 2023
37.0097
July 2023
35.0422
June 2023
35.0422
May 2023
33.5280
April 2023
33.5280
March 2023
33.5280
February 2023
32.4638
January 2023
32.4638
December 2022
41.4520
November 2022
36.2733
October 2022
39.0819
September 2022
39.0819
August 2022
39.0819
July 2022
47.0855
June 2022
49.5636
May 2022
49.5636
April 2022
45.0579
March 2022
36.9305
February 2022
33.5732
January 2022
34.9587
December 2021
34.9587
November 2021
34.9587
October 2021
32.8251
September 2021
32.8251
August 2021
31.9296
July 2021
31.9296
June 2021
29.9832
May 2021
29.9832
April 2021
26.6518
March 2021
24.7693
February 2021
23.5182
January 2021
23.5182
December 2020
22.5850
November 2020
22.5850
October 2020
22.5850
September 2020
22.5850
August 2020
22.5850
July 2020
22.5850
June 2020
19.6391
May 2020
16.2176