
Bermuda Electric Light Company Limited (BELCO) is a electricity-generating company. It is the country's sole supplier of electricity, operating a . transmission and distribution systems throughout the territory. It is a subsidiary of Ascendant Group Limited (AG Holdings Limited), together with Bermuda Gas, PureNERGY Renewables, and inVenture Limited. BELCO's two generating stations are fueled by heavy fuel oil and , all of which is imported. [pdf]

The average cost to install a 7.5 kW solar panel system is about $22,500 (7.5k W system with roof-mounted monocrystalline panels and microinverters).. The average cost to install a 7.5 kW solar panel system is about $22,500 (7.5k W system with roof-mounted monocrystalline panels and microinverters).. You can expect to pay between $8,600 to $13,100 for a 7.5 kW solar system, with the average cost per watt sitting at approximately $1.07. [pdf]

The first were installed in 2009, and are not associated with storage. The installed capacity is 13 MW, in particular via the Longoni power plant, inaugurated in 2010. Solar energy is the only renewable energy with significant development potential on the island; the wind potential (22 MW according to a study) would not lead to a significant production because the wind blows only 6 months per year. [pdf]
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