The cost of electricity has risen to a new record this month on continued slide in the value of the dollar and higher cost of fuel.
Higher fuel and IPP charges have pushed the cost of electricity up by 3.5 per cent this month after a four per cent increase in September. Together both increases mean the cost per kilowatt hour of electricity is at its highest level ever for households.
The first Caribbean International Electric Car Show was launched at the Cayman Motor Museum in West Bay in Grand Cayman.
There it was officially announced that regulations allowing electric cars to be registered in the Cayman Islands had been approved.
A number of different models were on display, including the popular Wheego; a two-seater zippy vehicle that will be one of the cars available for purchase in the Cayman islands.
http://rjrnewsonline.com/business/cayman-hosts-1st-caribbean-international-electric-car-show
