Caribbean Electric Utility Services Corporation

Last updated
Caribbean Electric Utility Services Corporation (CARILEC)
Formation1989
Founder United States Agency for International Development (USAID)
HeadquartersDesir Ave Sans Soucis, Castries, Saint Lucia
Services Electric power
Website http://www.carilec.org/

The Caribbean Electric Utility Services Corporation (CARILEC) is an association of electric energy solution providers operating in the electricity industry in the Caribbean, Central and Southern Americas.

Contents

CARILEC's Mission is to enhance the effectiveness of its members by providing industry related services, creating regular networking, training and knowledge sharing opportunities; supporting mutual assistance programs and accelerating the Caribbean Region’s energy sector transition, through innovation and advocacy.

Since its members invariably subsidize energy prices, they collect essential data about energy retail prices. [1] The small nations of the Caribbean use the economies of scale to "share a currency and a central bank, some legal functions, and they are connected by the Caribbean Electric Utility Services Corporation (CARILEC), a nonprofit utility support corporation." [2] CARILEC also furnishes technical assistance. [3]

History

CARILEC was established in 1989 with nine members as part of an electric utilities modernization project funded by USAID and implemented by NRECA under a five-year "Co-operative Agreement."

Currently, CARILEC comprises over one hundred members. This includes thirty three Utility Members that are electric utilities, Seven Independent Power Providers and over fifty Associate and Affiliate Members that are companies involved in some aspect of servicing the electric utility business.

Full Members

Other members - https://www.carilec.org/members/

Leadership

According to the CARILEC by-laws provision is made for the appointment of a Board of Directors comprising not more than (15) and not less than (3) members to be responsible for policy governance. A Director shall be the Chief Executive/Operating Officer or a senior professional staff of a member utility. Provision is also made for the Directors to elect a Chairman and Vice Chairman from among them. Currently, the Board of Directors of CARILEC comprises a fifteen (15) member team. Thirteen (13) of the Directors are elected at the annual meeting of members from among the Utility Members for a term of three years each, while one Director is elected to serve as a representative of the Associate Members for a period of one year. The Board also comprises an ex-officio Executive Director who is responsible for the day-to-day administration of the Secretariat located in Saint Lucia and serves as the Company Secretary/Treasurer.[ citation needed ]

See also

References

  1. ↑ Di Bella, Gabriel; Norton, Lawrence; Ntamatungiro, Joseph; Ogawa, Sumiko; Samaké, Issouf; Santoro, Marika (2015). Energy Subsidies in Latin America and the Caribbean: Stocktaking and Policy Challenges. International Monetary Fund. p. 41. ISBN   9781484365366 . Retrieved 2 November 2025.
  2. ↑ Bodley, John H. (2013). The Small Nation Solution: How the World's Smallest Nations Can Solve the World's Biggest Problems. p. 217. ISBN   9780759122222 . Retrieved 2 November 2025.
  3. ↑ Annual Report: Volumes 1996-1997. Organization of American States. General Secretariat. 1997. p. 89. Retrieved 2 November 2025.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.