
In 1987, the Provo Power Company (P.P.C. Limited) acquired a 50-year exclusive license to generate and distribute electricity for Providenciales, North Caicos, and Middle Caicos, which expires in 2037. Sep. . Photovoltaic (solar) panels and some support equipment carry a 0% duty, unlike the normal 30% on most items imported into the islands. However, a 5% Customs Processing Fee (. . HurricanesHurricanes are the largest threat to the integrity and life of a solar array in the Turks and Caicos. Panels are commonly manufactured to. . The payback period will likely be between 8-12 years, although this depends on a number of factors. Due to decreasing global costs of solar components, and a lack of a Turks and Caico. . A number of factors affect the efficiency of solar panels across locations. For example, PV panels located at higher altitudes receive more solar radiation and thus produce more po. [pdf]
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