Energy costs across the Caribbean present a real challenge, being higher than most countries, and varying dramatically. Surprisingly, there is no publicly accessible analysis of Caribbean energy costs – until now. The SOL Ecolution / Marla Dukharan Caribbean Energy Price Index represents the region’s first comprehensive benchmark of electricity prices across the Caribbean, demonstrating not just what consumers pay in each country, but how affordable electricity actually is, based on local purchasing power and cost of living. This is critical information for all decision-makers, including consumers, policymakers, businesses, and investors.

Understanding electricity affordability means looking beyond nominal prices. Our purchasing power-adjusted index reveals the true financial impact of electricity costs on consumers, demonstrating which countries face the most severe energy cost challenges, and which have benefited from renewable energy adoption, innovation, or other policies that promote affordability.

Electricity costs shape every aspect of Caribbean economic competitiveness and performance, yet reliable comparative data has historically been nearly impossible to find.

• There is no regional standard for measuring and comparing electricity rates or costs across the Caribbean
• Purchasing power differences make nominal price comparisons misleading and unreliable for strategic decision-making and corrective policy formulation