WILLEMSTAD – Electricity and water consumption in Curaçao increased significantly in 2024, according to the annual report of utility company Aqualectra. Electricity sales rose by 12 percent, while water consumption increased by 4 percent over the year.
Aqualectra attributes the sharp increase primarily to broader economic growth on the island and higher temperatures compared to previous years. Warmer conditions have led households and businesses to use more air conditioning and cooling systems, directly driving up electricity demand. Water consumption has also been influenced by the same climatic factors.
Electricity sales reached an all-time high in 2024. This growth aligns with Curaçao’s positive economic performance, with the tourism and construction sectors in particular contributing to increased energy demand. Aqualectra also noted that water sales continued to rise after fluctuating in previous years.
At the same time, the growing demand for electricity and water is placing additional pressure on existing infrastructure. This has been a key reason for Aqualectra’s substantial investments in expanding and modernizing its networks. In 2024, the company invested a record ANG 177 million in projects related to energy production, water distribution networks, and sustainable energy initiatives.
In its annual report, Aqualectra emphasized that the increase in consumption is structural in nature. Both sustained economic activity and the impacts of climate change are expected to play an increasingly significant role in shaping future demand for electricity and water on Curaçao.