Is energy a real opportunity in Bermuda?

Energy is very expensive in Bermuda, with electricity costing approximately 40 cents a kilowatt-hour, almost 20 cents of which is attributed to fuel. The company sees an opportunity to do in Bermuda what it is doing in the US Midwest in terms of replacing fossil fuel energy generation with renewables.

How will the energy plan impact Bermuda?

The Renewable Energy (RA) is confident that the energy plan will help to stabilize the cost of electricity in Bermuda. It will also provide jobs to construct and support the new renewables infrastructure, increase investment opportunities for local and international investors, reduce Bermuda's dependency on fossil fuels, and place Bermuda significantly ahead of its renewables target.

What is our vision for Bermuda energy?

Our vision is an efficient Bermuda powered by affordable renewable energy. Our mission is to help every home and business in Bermuda reduce their energy bills and greenhouse gas emissions through the use of energy efficient and solar energy technologies.

Why is Bermuda so dependent on fossil fuels?

Historically like other modern developed countries around the world, Bermuda has depended on fossil fuel for energy production for electricity, heating, cooling and transportation.

Is biomass a source of electricity in Bermuda?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Bermuda: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

Where can I get electricity in Bermuda?

Electricity for residential - mostly at 120V - heating, lighting, cooking and cooling is provided exclusively in Bermuda by the Bermuda Electric Light Company Limited (BELCO) at 27 Serpentine Road, Pembroke HM 07, Bermuda. Telephone (441) 295 5111. Fax (441) 292 8975.