How much does energy cost in Bonaire?

This profile provides a snapshot of the energy landscape of Bonaire, a special municipality of the Kingdom of the Netherlands located of the coast of Venezuela. Bonaire’s utility rates are approximately $0.35 per kilowatt-hour (kWh), above the Caribbean regional average of $0.33/kWh.

Does Bonaire have a utility company?

The utility company for Bonaire is Water-En Energiebedrijf Bonaire N.V. (WEB), which supplies both water and electric-ity to the island. WEB is a government-owned entity and is strictly a distribution utility, owning no generation of its own.

Does Bonaire have a regulated electricity sector?

In recent years, the Ministry of Eco-nomic Affairs in the Netherlands has been active in reforming the regulation of the electricity sector in Bonaire, both in terms of utility regulation and expanding generator access.13

Who regulates Bonaire?

As a special municipality of the Kingdom of the Netherlands, Bonaire is largely regulated by ministries of the Netherlands’ national government.

Could biodiesel save Bonaire from global oil price fluctuations?

However, its plans to replace these fuels with biodiesel have the potential to insulate it from the global oil price fluctuations that directly impact the cost of electricity. The utility company for Bonaire is Water-En Energiebedrijf Bonaire N.V. (WEB), which supplies both water and electric-ity to the island.