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Cayman Water
  • Home
  • Customers
    • MyAccount – Customer Login
    • MyAccount – Register Your Account
    • How to Apply for Water Service
    • Apply for Water Service Online
    • Request a Change in Service
    • Current Rates
    • How to Pay your Bill
    • Sign up for SMS Alerts
    • Frequently Asked Questions
    • Customer Forms
    • Sample of Customer Contract
  • Community
    • Our Service Area
    • Water Quality Facts
    • News and Events
    • Sustainability
  • Company
    • About Cayman Water
    • Our History
    • Our People
    • Jobs / Careers
    • Memberships
    • Technology
  • Contact CW
    • Online Contact Form
    • Report a Problem
    • Request Developer Information

Frequently Asked Questions

Home How does Cayman Water decide what to charge for water?

How does Cayman Water decide what to charge for water?

Cayman Water does not set the rates it charges for water. Water rates are controlled by a formula contained in the License Agreement granted to the company by the Cayman Islands Government. Of the total base rate, 55% is adjusted annually in January based on the United States Producer Price Index, and the Cayman Islands Consumer Price Index according to a formula in the License Agreement and the remaining 45% of the base rate is not adjusted.

In addition the rate has an energy adjustment surcharge that is calculated monthly to account for volatility of energy prices. This surcharge is also calculated according to a formula in the License Agreement and is based on diesel fuel costs and electricity costs.

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